Nosana Market Value
| NOS Crypto | USD 3.80 0.05 1.33% |
| Symbol | Nosana |
Nosana '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 Nosana'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 Nosana.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Nosana on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Nosana or generate 0.0% return on investment in Nosana over 720 days. Nosana is related to or competes with XRP, Solana, Staked Ether, Toncoin, Worldcoin, Sui, and Stellar. Nosana is peer-to-peer digital currency powered by the Blockchain technology.
Nosana 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 Nosana'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 Nosana upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.53 | |||
| Information Ratio | 0.1319 | |||
| Maximum Drawdown | 44.6 | |||
| Value At Risk | (9.34) | |||
| Potential Upside | 18.18 |
Nosana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nosana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nosana's standard deviation. In reality, there are many statistical measures that can use Nosana historical prices to predict the future Nosana's volatility.| Risk Adjusted Performance | 0.1219 | |||
| Jensen Alpha | 1.18 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1786 | |||
| Treynor Ratio | 1.45 |
Nosana Backtested Returns
Nosana is exceptionally volatile given 3 months investment horizon. Nosana has Sharpe Ratio of 0.16, which conveys that digital coin had a 0.16% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.42% are justified by taking the suggested risk. Use Nosana Risk Adjusted Performance of 0.1219, mean deviation of 6.13, and Downside Deviation of 6.53 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of 0.89, which conveys possible diversification benefits within a given portfolio. Nosana returns are very sensitive to returns on the market. As the market goes up or down, Nosana is expected to follow.
Auto-correlation | 0.00 |
No correlation between past and present
Nosana has no correlation between past and present. Overlapping area represents the amount of predictability between Nosana time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Nosana price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nosana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nosana lagged returns against current returns
Autocorrelation, which is Nosana 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 Nosana's crypto coin expected returns. We can calculate the autocorrelation of Nosana returns to help us make a trade decision. For example, suppose you find that Nosana 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 |
Nosana 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 Nosana crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nosana crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nosana crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Nosana Lagged Returns
When evaluating Nosana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nosana crypto coin have on its future price. Nosana 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, Nosana autocorrelation shows the relationship between Nosana crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Nosana.
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 Nosana offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nosana'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 Nosana Crypto.Check out Nosana Correlation, Nosana Volatility and Investing Opportunities module to complement your research on Nosana. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Nosana 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.