ConstitutionDAO Market Value
| PEOPLE Crypto | USD 0.07 0 7.26% |
| Symbol | ConstitutionDAO |
ConstitutionDAO '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 ConstitutionDAO'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 ConstitutionDAO.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in ConstitutionDAO on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding ConstitutionDAO or generate 0.0% return on investment in ConstitutionDAO over 90 days. ConstitutionDAO is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. ConstitutionDAO is peer-to-peer digital currency powered by the Blockchain technology.
ConstitutionDAO 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 ConstitutionDAO'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 ConstitutionDAO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.73 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 35.5 | |||
| Value At Risk | (12.43) | |||
| Potential Upside | 11.65 |
ConstitutionDAO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ConstitutionDAO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ConstitutionDAO's standard deviation. In reality, there are many statistical measures that can use ConstitutionDAO historical prices to predict the future ConstitutionDAO's volatility.| Risk Adjusted Performance | 0.0169 | |||
| Jensen Alpha | 0.2216 | |||
| Total Risk Alpha | (1.16) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.05) |
ConstitutionDAO Backtested Returns
ConstitutionDAO appears to be unusually volatile, given 3 months investment horizon. ConstitutionDAO secures Sharpe Ratio (or Efficiency) of 0.0691, which signifies that digital coin had a 0.0691% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ConstitutionDAO, which you can use to evaluate the volatility of coin. Please makes use of ConstitutionDAO's Mean Deviation of 5.64, downside deviation of 7.73, and Risk Adjusted Performance of 0.0169 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of -1.22, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ConstitutionDAO are expected to decrease by larger amounts. On the other hand, during market turmoil, ConstitutionDAO is expected to outperform it.
Auto-correlation | -0.67 |
Very good reverse predictability
ConstitutionDAO has very good reverse predictability. Overlapping area represents the amount of predictability between ConstitutionDAO time series from 1st of September 2024 to 16th of October 2024 and 16th of October 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 ConstitutionDAO price movement. The serial correlation of -0.67 indicates that around 67.0% of current ConstitutionDAO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ConstitutionDAO lagged returns against current returns
Autocorrelation, which is ConstitutionDAO 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 ConstitutionDAO's crypto coin expected returns. We can calculate the autocorrelation of ConstitutionDAO returns to help us make a trade decision. For example, suppose you find that ConstitutionDAO 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 |
ConstitutionDAO 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 ConstitutionDAO crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ConstitutionDAO crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ConstitutionDAO crypto coin over time.
Current vs Lagged Prices |
| Timeline |
ConstitutionDAO Lagged Returns
When evaluating ConstitutionDAO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ConstitutionDAO crypto coin have on its future price. ConstitutionDAO 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, ConstitutionDAO autocorrelation shows the relationship between ConstitutionDAO crypto coin current value and its past values and can show if there is a momentum factor associated with investing in ConstitutionDAO.
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 ConstitutionDAO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ConstitutionDAO'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 Constitutiondao Crypto.Check out ConstitutionDAO Correlation, ConstitutionDAO Volatility and Investing Opportunities module to complement your research on ConstitutionDAO. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
ConstitutionDAO 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.