IHT Market Value
| IHT Crypto | USD 0.000097 0.000095 49.48% |
| Symbol | IHT |
IHT '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 IHT'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 IHT.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IHT on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding IHT or generate 0.0% return on investment in IHT over 30 days. IHT is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. IHT is peer-to-peer digital currency powered by the Blockchain technology.
IHT 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 IHT'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 IHT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 37.59 | |||
| Information Ratio | 0.2145 | |||
| Maximum Drawdown | 257.68 | |||
| Value At Risk | (57.63) | |||
| Potential Upside | 131.37 |
IHT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IHT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IHT's standard deviation. In reality, there are many statistical measures that can use IHT historical prices to predict the future IHT's volatility.| Risk Adjusted Performance | 0.1756 | |||
| Jensen Alpha | 11.3 | |||
| Total Risk Alpha | 3.42 | |||
| Sortino Ratio | 0.3304 | |||
| Treynor Ratio | 1.22 |
IHT Backtested Returns
IHT is abnormally risky given 3 months investment horizon. IHT holds Efficiency (Sharpe) Ratio of 0.22, which attests that digital coin had a 0.22% return per unit of volatility over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 12.41% are justified by taking the suggested risk. Use IHT market risk adjusted performance of 1.23, and Risk Adjusted Performance of 0.1756 to evaluate coin specific risk that cannot be diversified away. The crypto retains a Market Volatility (i.e., Beta) of 10.26, which attests to 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, IHT will likely underperform.
Auto-correlation | 0.56 |
Modest predictability
IHT has modest predictability. Overlapping area represents the amount of predictability between IHT 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 IHT price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current IHT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IHT lagged returns against current returns
Autocorrelation, which is IHT 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 IHT's crypto coin expected returns. We can calculate the autocorrelation of IHT returns to help us make a trade decision. For example, suppose you find that IHT 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 |
IHT 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 IHT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IHT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IHT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
IHT Lagged Returns
When evaluating IHT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IHT crypto coin have on its future price. IHT 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, IHT autocorrelation shows the relationship between IHT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in IHT.
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 IHT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IHT'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 Iht Crypto.Check out IHT Correlation, IHT Volatility and Investing Opportunities module to complement your research on IHT. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
IHT 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.