CVP Market Value
CVP Crypto | USD 0.14 0.76 84.44% |
Symbol | CVP |
CVP 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CVP's crypto coin what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CVP.
11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in CVP on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding CVP or generate 0.0% return on investment in CVP over 30 days. CVP is related to or competes with Staked Ether, EigenLayer, BLZ, Tokocrypto, and DIA. CVP is peer-to-peer digital currency powered by the Blockchain technology.
CVP Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CVP's crypto coin current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CVP upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 17.84 | |||
Information Ratio | 0.1432 | |||
Maximum Drawdown | 562.64 | |||
Value At Risk | (20.00) | |||
Potential Upside | 50.0 |
CVP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVP's standard deviation. In reality, there are many statistical measures that can use CVP historical prices to predict the future CVP's volatility.Risk Adjusted Performance | 0.1204 | |||
Jensen Alpha | 8.93 | |||
Total Risk Alpha | 0.6634 | |||
Sortino Ratio | 0.5773 | |||
Treynor Ratio | 0.7307 |
CVP Backtested Returns
CVP is abnormally risky given 3 months investment horizon. CVP secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that digital coin had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 10.76% are justified by taking the suggested risk. Use CVP risk adjusted performance of 0.1204, and Mean Deviation of 23.55 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 14.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CVP will likely underperform.
Auto-correlation | 0.10 |
Insignificant predictability
CVP has insignificant predictability. Overlapping area represents the amount of predictability between CVP time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CVP price movement. The serial correlation of 0.1 indicates that less than 10.0% of current CVP price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.1 | |
Spearman Rank Test | 0.55 | |
Residual Average | 0.0 | |
Price Variance | 0.15 |
CVP lagged returns against current returns
Autocorrelation, which is CVP crypto coin's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CVP's crypto coin expected returns. We can calculate the autocorrelation of CVP returns to help us make a trade decision. For example, suppose you find that CVP has exhibited high autocorrelation historically, and you observe that the crypto coin is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
CVP regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CVP crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVP crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVP crypto coin over time.
Current vs Lagged Prices |
Timeline |
CVP Lagged Returns
When evaluating CVP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVP crypto coin have on its future price. CVP autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CVP autocorrelation shows the relationship between CVP crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CVP.
Regressed Prices |
Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CVP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cvp Crypto.Check out CVP Correlation, CVP Volatility and Investing Opportunities module to complement your research on CVP. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
CVP technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.