Kava Market Value
| KAVA Crypto | USD 0.55 0.01 1.79% |
| Symbol | Kava |
Kava '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 Kava'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 Kava.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Kava on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Kava or generate 0.0% return on investment in Kava over 720 days. Kava is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Kava is peer-to-peer digital currency powered by the Blockchain technology.
Kava 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 Kava'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 Kava upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.57 | |||
| Information Ratio | 0.1462 | |||
| Maximum Drawdown | 35.68 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 9.68 |
Kava Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kava's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kava's standard deviation. In reality, there are many statistical measures that can use Kava historical prices to predict the future Kava's volatility.| Risk Adjusted Performance | 0.1385 | |||
| Jensen Alpha | 0.7825 | |||
| Total Risk Alpha | 0.0583 | |||
| Sortino Ratio | 0.1442 | |||
| Treynor Ratio | 0.7865 |
Kava Backtested Returns
Kava is unusually risky given 3 months investment horizon. Kava has Sharpe Ratio of 0.19, which conveys that digital coin had a 0.19% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Kava Risk Adjusted Performance of 0.1385, downside deviation of 5.57, and Mean Deviation of 4.1 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of 1.17, which conveys 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, Kava will likely underperform.
Auto-correlation | -0.49 |
Modest reverse predictability
Kava has modest reverse predictability. Overlapping area represents the amount of predictability between Kava time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Kava price movement. The serial correlation of -0.49 indicates that about 49.0% of current Kava price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Kava lagged returns against current returns
Autocorrelation, which is Kava 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 Kava's crypto coin expected returns. We can calculate the autocorrelation of Kava returns to help us make a trade decision. For example, suppose you find that Kava 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 |
Kava 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 Kava crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kava crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kava crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Kava Lagged Returns
When evaluating Kava's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kava crypto coin have on its future price. Kava 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, Kava autocorrelation shows the relationship between Kava crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Kava.
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 Kava offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kava'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 Kava Crypto.Check out Kava Correlation, Kava Volatility and Investing Opportunities module to complement your research on Kava. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Kava 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.