NODE Market Value
| NODE Crypto | USD 0.000005 0.00 0.00% |
| Symbol | NODE |
NODE '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 NODE'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 NODE.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in NODE on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding NODE or generate 0.0% return on investment in NODE over 180 days. NODE is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. NODE is peer-to-peer digital currency powered by the Blockchain technology.
NODE 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 NODE'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 NODE upside and downside potential and time the market with a certain degree of confidence.
NODE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NODE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NODE's standard deviation. In reality, there are many statistical measures that can use NODE historical prices to predict the future NODE's volatility.NODE Backtested Returns
We have found one technical indicators for NODE, which you can use to evaluate the volatility of coin. The crypto secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NODE are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
NODE has no correlation between past and present. Overlapping area represents the amount of predictability between NODE 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 NODE price movement. The serial correlation of 0.0 indicates that just 0.0% of current NODE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NODE lagged returns against current returns
Autocorrelation, which is NODE 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 NODE's crypto coin expected returns. We can calculate the autocorrelation of NODE returns to help us make a trade decision. For example, suppose you find that NODE 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 |
NODE 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 NODE crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NODE crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NODE crypto coin over time.
Current vs Lagged Prices |
| Timeline |
NODE Lagged Returns
When evaluating NODE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NODE crypto coin have on its future price. NODE 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, NODE autocorrelation shows the relationship between NODE crypto coin current value and its past values and can show if there is a momentum factor associated with investing in NODE.
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 NODE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NODE'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 Node Crypto.Check out NODE Correlation, NODE Volatility and Investing Opportunities module to complement your research on NODE. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
NODE 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.