CVT Market Value
| CVT Crypto | USD 0.0002 0.000076 55.88% |
| Symbol | CVT |
CVT '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 CVT'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 CVT.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in CVT on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding CVT or generate 0.0% return on investment in CVT over 30 days. CVT is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. CVT is peer-to-peer digital currency powered by the Blockchain technology.
CVT 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 CVT'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 CVT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.92 | |||
| Information Ratio | 0.0616 | |||
| Maximum Drawdown | 27.19 | |||
| Value At Risk | (8.96) | |||
| Potential Upside | 15.11 |
CVT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVT's standard deviation. In reality, there are many statistical measures that can use CVT historical prices to predict the future CVT's volatility.| Risk Adjusted Performance | 0.0698 | |||
| Jensen Alpha | 0.4758 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.0909 | |||
| Treynor Ratio | 0.7413 |
CVT Backtested Returns
CVT appears to be abnormally risky, given 3 months investment horizon. CVT secures Sharpe Ratio (or Efficiency) of 0.0783, which signifies that digital coin had a 0.0783% return per unit of volatility over the last 3 months. By analyzing CVT's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please makes use of CVT's mean deviation of 4.48, and Risk Adjusted Performance of 0.0698 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CVT's returns are expected to increase less than the market. However, during the bear market, the loss of holding CVT is expected to be smaller as well.
Auto-correlation | 0.41 |
Average predictability
CVT has average predictability. Overlapping area represents the amount of predictability between CVT time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 CVT price movement. The serial correlation of 0.41 indicates that just about 41.0% of current CVT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CVT lagged returns against current returns
Autocorrelation, which is CVT 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 CVT's crypto coin expected returns. We can calculate the autocorrelation of CVT returns to help us make a trade decision. For example, suppose you find that CVT 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 |
CVT 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 CVT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
CVT Lagged Returns
When evaluating CVT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVT crypto coin have on its future price. CVT 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, CVT autocorrelation shows the relationship between CVT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CVT.
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 CVT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVT'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 Cvt Crypto.Check out CVT Correlation, CVT Volatility and Investing Opportunities module to complement your research on CVT. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
CVT 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.