Manta Network Market Value
| MANTA Crypto | USD 1.19 0.01 0.83% |
| Symbol | Manta |
Manta Network '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 Manta Network'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 Manta Network.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Manta Network on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Manta Network or generate 0.0% return on investment in Manta Network over 180 days. Manta Network is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. Manta Network is peer-to-peer digital currency powered by the Blockchain technology.
Manta Network 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 Manta Network'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 Manta Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.53 | |||
| Information Ratio | 0.1554 | |||
| Maximum Drawdown | 29.09 | |||
| Value At Risk | (6.76) | |||
| Potential Upside | 11.11 |
Manta Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manta Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manta Network's standard deviation. In reality, there are many statistical measures that can use Manta Network historical prices to predict the future Manta Network's volatility.| Risk Adjusted Performance | 0.1443 | |||
| Jensen Alpha | 0.9961 | |||
| Total Risk Alpha | 0.0553 | |||
| Sortino Ratio | 0.1499 | |||
| Treynor Ratio | 1.28 |
Manta Network Backtested Returns
Manta Network is unusually volatile given 3 months investment horizon. Manta Network has Sharpe Ratio of 0.2, which conveys that digital coin had a 0.2% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.23% are justified by taking the suggested risk. Use Manta Network Risk Adjusted Performance of 0.1443, downside deviation of 6.53, and Mean Deviation of 4.98 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of 0.87, which conveys possible diversification benefits within a given portfolio. Manta Network returns are very sensitive to returns on the market. As the market goes up or down, Manta Network is expected to follow.
Auto-correlation | -0.45 |
Modest reverse predictability
Manta Network has modest reverse predictability. Overlapping area represents the amount of predictability between Manta Network 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 Manta Network price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Manta Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Manta Network lagged returns against current returns
Autocorrelation, which is Manta Network 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 Manta Network's crypto coin expected returns. We can calculate the autocorrelation of Manta Network returns to help us make a trade decision. For example, suppose you find that Manta Network 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 |
Manta Network 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 Manta Network crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manta Network crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manta Network crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Manta Network Lagged Returns
When evaluating Manta Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manta Network crypto coin have on its future price. Manta Network 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, Manta Network autocorrelation shows the relationship between Manta Network crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Manta Network.
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 Manta Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manta Network'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 Manta Network Crypto.Check out Manta Network Correlation, Manta Network Volatility and Investing Opportunities module to complement your research on Manta Network. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Manta Network 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.