Vulcan Forged Market Value
| PYR Crypto | USD 3.67 0.03 0.81% |
| Symbol | Vulcan |
Vulcan Forged '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 Vulcan Forged'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 Vulcan Forged.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Vulcan Forged on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Vulcan Forged or generate 0.0% return on investment in Vulcan Forged over 30 days. Vulcan Forged is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. Vulcan Forged is peer-to-peer digital currency powered by the Blockchain technology.
Vulcan Forged 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 Vulcan Forged'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 Vulcan Forged upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.6 | |||
| Information Ratio | 0.0833 | |||
| Maximum Drawdown | 25.72 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 10.63 |
Vulcan Forged Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vulcan Forged's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vulcan Forged's standard deviation. In reality, there are many statistical measures that can use Vulcan Forged historical prices to predict the future Vulcan Forged's volatility.| Risk Adjusted Performance | 0.092 | |||
| Jensen Alpha | 0.3318 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.091 | |||
| Treynor Ratio | 0.3134 |
Vulcan Forged Backtested Returns
Vulcan Forged appears to be extremely risky, given 3 months investment horizon. Vulcan Forged owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates digital coin had a 0.13% return per unit of risk over the last 3 months. By inspecting Vulcan Forged's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Vulcan Forged's Risk Adjusted Performance of 0.092, coefficient of variation of 915.7, and Semi Deviation of 4.39 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.72, which indicates 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, Vulcan Forged will likely underperform.
Auto-correlation | 0.93 |
Excellent predictability
Vulcan Forged has excellent predictability. Overlapping area represents the amount of predictability between Vulcan Forged 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 Vulcan Forged price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Vulcan Forged price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Vulcan Forged lagged returns against current returns
Autocorrelation, which is Vulcan Forged 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 Vulcan Forged's crypto coin expected returns. We can calculate the autocorrelation of Vulcan Forged returns to help us make a trade decision. For example, suppose you find that Vulcan Forged 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 |
Vulcan Forged 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 Vulcan Forged crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vulcan Forged crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vulcan Forged crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Vulcan Forged Lagged Returns
When evaluating Vulcan Forged's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vulcan Forged crypto coin have on its future price. Vulcan Forged 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, Vulcan Forged autocorrelation shows the relationship between Vulcan Forged crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Vulcan Forged.
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 Vulcan Forged offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vulcan Forged'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 Vulcan Forged Crypto.Check out Vulcan Forged Correlation, Vulcan Forged Volatility and Investing Opportunities module to complement your research on Vulcan Forged. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Vulcan Forged 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.