Kamino Market Value
| KMNO Crypto | USD 0.14 0.01 7.69% |
| Symbol | Kamino |
Kamino '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 Kamino'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 Kamino.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Kamino on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Kamino or generate 0.0% return on investment in Kamino over 30 days. Kamino is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Kamino is peer-to-peer digital currency powered by the Blockchain technology.
Kamino 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 Kamino'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 Kamino upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.71 | |||
| Information Ratio | 0.1652 | |||
| Maximum Drawdown | 44.92 | |||
| Value At Risk | (11.55) | |||
| Potential Upside | 17.49 |
Kamino Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kamino's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kamino's standard deviation. In reality, there are many statistical measures that can use Kamino historical prices to predict the future Kamino's volatility.| Risk Adjusted Performance | 0.147 | |||
| Jensen Alpha | 1.32 | |||
| Total Risk Alpha | 0.1874 | |||
| Sortino Ratio | 0.1856 | |||
| Treynor Ratio | 0.8042 |
Kamino Backtested Returns
Kamino is abnormally risky given 3 months investment horizon. Kamino has Sharpe Ratio of 0.13, which conveys that digital coin had a 0.13% 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 15.84% are justified by taking the suggested risk. Use Kamino Downside Deviation of 7.71, mean deviation of 6.2, and Risk Adjusted Performance of 0.147 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of 1.93, 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, Kamino will likely underperform.
Auto-correlation | 0.39 |
Below average predictability
Kamino has below average predictability. Overlapping area represents the amount of predictability between Kamino 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 Kamino price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Kamino price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kamino lagged returns against current returns
Autocorrelation, which is Kamino 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 Kamino's crypto coin expected returns. We can calculate the autocorrelation of Kamino returns to help us make a trade decision. For example, suppose you find that Kamino 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 |
Kamino 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 Kamino crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kamino crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kamino crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Kamino Lagged Returns
When evaluating Kamino's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kamino crypto coin have on its future price. Kamino 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, Kamino autocorrelation shows the relationship between Kamino crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Kamino.
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 Kamino offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kamino'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 Kamino Crypto.Check out Kamino Correlation, Kamino Volatility and Investing Opportunities module to complement your research on Kamino. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Kamino 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.