Chainflip Market Value
| FLIP Crypto | USD 2.15 0.02 0.92% |
| Symbol | Chainflip |
Chainflip '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 Chainflip'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 Chainflip.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Chainflip on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Chainflip or generate 0.0% return on investment in Chainflip over 60 days. Chainflip is related to or competes with XRP, Solana, Sui, Staked Ether, Toncoin, Worldcoin, and TRON. Chainflip is peer-to-peer digital currency powered by the Blockchain technology.
Chainflip 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 Chainflip'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 Chainflip upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.85 | |||
| Information Ratio | 0.1571 | |||
| Maximum Drawdown | 66.85 | |||
| Value At Risk | (13.74) | |||
| Potential Upside | 21.01 |
Chainflip Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chainflip's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chainflip's standard deviation. In reality, there are many statistical measures that can use Chainflip historical prices to predict the future Chainflip's volatility.| Risk Adjusted Performance | 0.1305 | |||
| Jensen Alpha | 1.79 | |||
| Total Risk Alpha | 0.0983 | |||
| Sortino Ratio | 0.2097 | |||
| Treynor Ratio | 1.25 |
Chainflip Backtested Returns
Chainflip is abnormally risky given 3 months investment horizon. Chainflip secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that digital coin had a 0.18% return per unit of standard deviation over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.13% are justified by taking the suggested risk. Use Chainflip mean deviation of 8.88, and Risk Adjusted Performance of 0.1305 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 1.57, 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, Chainflip will likely underperform.
Auto-correlation | 0.28 |
Poor predictability
Chainflip has poor predictability. Overlapping area represents the amount of predictability between Chainflip time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Chainflip price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Chainflip price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Chainflip lagged returns against current returns
Autocorrelation, which is Chainflip 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 Chainflip's crypto coin expected returns. We can calculate the autocorrelation of Chainflip returns to help us make a trade decision. For example, suppose you find that Chainflip 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 |
Chainflip 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 Chainflip crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chainflip crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chainflip crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Chainflip Lagged Returns
When evaluating Chainflip's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chainflip crypto coin have on its future price. Chainflip 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, Chainflip autocorrelation shows the relationship between Chainflip crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Chainflip.
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 Chainflip offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chainflip'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 Chainflip Crypto.Check out Chainflip Correlation, Chainflip Volatility and Investing Opportunities module to complement your research on Chainflip. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Chainflip 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.