KIN Market Value
| KIN Crypto | USD 0.000012 0.000001 7.69% |
| Symbol | KIN |
KIN '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 KIN'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 KIN.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in KIN on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding KIN or generate 0.0% return on investment in KIN over 180 days. KIN is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. KIN is peer-to-peer digital currency powered by the Blockchain technology.
KIN 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 KIN'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 KIN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 9.09 |
KIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KIN's standard deviation. In reality, there are many statistical measures that can use KIN historical prices to predict the future KIN's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (1.36) | |||
| Treynor Ratio | 0.433 |
KIN Backtested Returns
KIN has Sharpe Ratio of -0.0442, which conveys that digital coin had a -0.0442% return per unit of volatility over the last 3 months. KIN exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KIN's mean deviation of 4.8, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The crypto secures a Beta (Market Risk) of -0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KIN are expected to decrease at a much lower rate. During the bear market, KIN is likely to outperform the market.
Auto-correlation | 0.21 |
Weak predictability
KIN has weak predictability. Overlapping area represents the amount of predictability between KIN time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 KIN price movement. The serial correlation of 0.21 indicates that over 21.0% of current KIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KIN lagged returns against current returns
Autocorrelation, which is KIN 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 KIN's crypto coin expected returns. We can calculate the autocorrelation of KIN returns to help us make a trade decision. For example, suppose you find that KIN 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 |
KIN 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 KIN crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KIN crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KIN crypto coin over time.
Current vs Lagged Prices |
| Timeline |
KIN Lagged Returns
When evaluating KIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KIN crypto coin have on its future price. KIN 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, KIN autocorrelation shows the relationship between KIN crypto coin current value and its past values and can show if there is a momentum factor associated with investing in KIN.
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 KIN offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KIN'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 Kin Crypto.Check out KIN Correlation, KIN Volatility and Investing Opportunities module to complement your research on KIN. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
KIN 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.