PPC Market Value
| PPC Crypto | USD 0.40 0.05 11.11% |
| Symbol | PPC |
PPC '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 PPC'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 PPC.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in PPC on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding PPC or generate 0.0% return on investment in PPC over 90 days. PPC is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. PPC is peer-to-peer digital currency powered by the Blockchain technology.
PPC 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 PPC'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 PPC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.2 | |||
| Information Ratio | 0.1407 | |||
| Maximum Drawdown | 21.52 | |||
| Value At Risk | (7.32) | |||
| Potential Upside | 10.26 |
PPC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPC's standard deviation. In reality, there are many statistical measures that can use PPC historical prices to predict the future PPC's volatility.| Risk Adjusted Performance | 0.1286 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.239 | |||
| Treynor Ratio | 1.17 |
PPC Backtested Returns
PPC appears to be exceptionally volatile, given 3 months investment horizon. PPC retains Efficiency (Sharpe Ratio) of 0.0668, which implies digital coin had a 0.0668% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PPC, which you can use to evaluate the volatility of coin. Please evaluate PPC's semi deviation of 3.29, and Market Risk Adjusted Performance of 1.18 to confirm if our risk estimates are consistent with your expectations. The crypto owns a Beta (Systematic Risk) of 1.17, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PPC will likely underperform.
Auto-correlation | 0.45 |
Average predictability
PPC has average predictability. Overlapping area represents the amount of predictability between PPC 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 PPC price movement. The serial correlation of 0.45 indicates that just about 45.0% of current PPC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PPC lagged returns against current returns
Autocorrelation, which is PPC 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 PPC's crypto coin expected returns. We can calculate the autocorrelation of PPC returns to help us make a trade decision. For example, suppose you find that PPC 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 |
PPC 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 PPC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
PPC Lagged Returns
When evaluating PPC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPC crypto coin have on its future price. PPC 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, PPC autocorrelation shows the relationship between PPC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in PPC.
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 PPC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PPC'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 Ppc Crypto.Check out PPC Correlation, PPC Volatility and Investing Opportunities module to complement your research on PPC. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
PPC 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.