Maple Market Value
| MPL Crypto | USD 22.07 0.01 0.05% |
| Symbol | Maple |
Maple '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 Maple'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 Maple.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Maple on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Maple or generate 0.0% return on investment in Maple over 30 days. Maple is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Maple is peer-to-peer digital currency powered by the Blockchain technology.
Maple 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 Maple'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 Maple upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.8 | |||
| Information Ratio | 0.0438 | |||
| Maximum Drawdown | 37.89 | |||
| Value At Risk | (9.38) | |||
| Potential Upside | 10.74 |
Maple Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maple's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maple's standard deviation. In reality, there are many statistical measures that can use Maple historical prices to predict the future Maple's volatility.| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.3844 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | 1.15 |
Maple Backtested Returns
Maple appears to be unreasonably risky, given 3 months investment horizon. Maple has Sharpe Ratio of 0.0818, which conveys that digital coin had a 0.0818% return per unit of risk over the last 3 months. By analyzing Maple's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please exercise Maple's Mean Deviation of 4.97, risk adjusted performance of 0.0566, and Downside Deviation of 5.8 to check out if our risk estimates are consistent with your expectations. The crypto secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Maple's returns are expected to increase less than the market. However, during the bear market, the loss of holding Maple is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Maple has below average predictability. Overlapping area represents the amount of predictability between Maple 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 Maple price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Maple price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
Maple lagged returns against current returns
Autocorrelation, which is Maple 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 Maple's crypto coin expected returns. We can calculate the autocorrelation of Maple returns to help us make a trade decision. For example, suppose you find that Maple 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 |
Maple 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 Maple crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maple crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maple crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Maple Lagged Returns
When evaluating Maple's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maple crypto coin have on its future price. Maple 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, Maple autocorrelation shows the relationship between Maple crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Maple.
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 Maple offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Maple'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 Maple Crypto.Check out Maple Correlation, Maple Volatility and Investing Opportunities module to complement your research on Maple. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Maple 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.