Gatechain Token Market Value
| GT Crypto | USD 11.42 0.02 0.17% |
| Symbol | Gatechain |
Gatechain Token '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 Gatechain Token'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 Gatechain Token.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Gatechain Token on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Gatechain Token or generate 0.0% return on investment in Gatechain Token over 30 days. Gatechain Token is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. Gatechain Token is peer-to-peer digital currency powered by the Blockchain technology.
Gatechain Token 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 Gatechain Token'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 Gatechain Token upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.2212 | |||
| Maximum Drawdown | 12.78 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 4.88 |
Gatechain Token Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gatechain Token's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gatechain Token's standard deviation. In reality, there are many statistical measures that can use Gatechain Token historical prices to predict the future Gatechain Token's volatility.| Risk Adjusted Performance | 0.219 | |||
| Jensen Alpha | 0.6458 | |||
| Total Risk Alpha | 0.2605 | |||
| Sortino Ratio | 0.2366 | |||
| Treynor Ratio | 3.66 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gatechain Token's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Gatechain Token Backtested Returns
Gatechain Token appears to be risky, given 3 months investment horizon. Gatechain Token holds Efficiency (Sharpe) Ratio of 0.28, which attests that digital coin had a 0.28% return per unit of risk over the last 3 months. By evaluating Gatechain Token's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Gatechain Token's Market Risk Adjusted Performance of 3.67, downside deviation of 2.29, and Risk Adjusted Performance of 0.219 to validate if our risk estimates are consistent with your expectations. The crypto retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gatechain Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gatechain Token is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Gatechain Token has excellent predictability. Overlapping area represents the amount of predictability between Gatechain Token time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Gatechain Token price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Gatechain Token price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Gatechain Token lagged returns against current returns
Autocorrelation, which is Gatechain Token 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 Gatechain Token's crypto coin expected returns. We can calculate the autocorrelation of Gatechain Token returns to help us make a trade decision. For example, suppose you find that Gatechain Token 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 |
Gatechain Token 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 Gatechain Token crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gatechain Token crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gatechain Token crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Gatechain Token Lagged Returns
When evaluating Gatechain Token's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gatechain Token crypto coin have on its future price. Gatechain Token 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, Gatechain Token autocorrelation shows the relationship between Gatechain Token crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Gatechain Token.
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 Gatechain Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gatechain Token'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 Gatechain Token Crypto.Check out Gatechain Token Correlation, Gatechain Token Volatility and Investing Opportunities module to complement your research on Gatechain Token. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Gatechain Token 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.