Ribbon Finance Market Value
| RBN Crypto | USD 0.51 0.04 8.51% |
| Symbol | Ribbon |
Ribbon Finance '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 Ribbon Finance'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 Ribbon Finance.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ribbon Finance on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ribbon Finance or generate 0.0% return on investment in Ribbon Finance over 90 days. Ribbon Finance is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Ribbon Finance is peer-to-peer digital currency powered by the Blockchain technology.
Ribbon Finance 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 Ribbon Finance'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 Ribbon Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.74 | |||
| Information Ratio | 0.1128 | |||
| Maximum Drawdown | 26.74 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 7.69 |
Ribbon Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ribbon Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ribbon Finance's standard deviation. In reality, there are many statistical measures that can use Ribbon Finance historical prices to predict the future Ribbon Finance's volatility.| Risk Adjusted Performance | 0.1136 | |||
| Jensen Alpha | 0.5529 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.11 | |||
| Treynor Ratio | 0.4689 |
Ribbon Finance Backtested Returns
Ribbon Finance appears to be unusually risky, given 3 months investment horizon. Ribbon Finance maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies digital coin had a 0.15% return per unit of risk over the last 3 months. By analyzing Ribbon Finance's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please evaluate Ribbon Finance's Risk Adjusted Performance of 0.1136, coefficient of variation of 728.23, and Semi Deviation of 4.44 to confirm if our risk estimates are consistent with your expectations. The crypto holds a Beta of 1.62, 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, Ribbon Finance will likely underperform.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Ribbon Finance has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ribbon Finance 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 Ribbon Finance price movement. The serial correlation of -0.19 indicates that over 19.0% of current Ribbon Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ribbon Finance lagged returns against current returns
Autocorrelation, which is Ribbon Finance 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 Ribbon Finance's crypto coin expected returns. We can calculate the autocorrelation of Ribbon Finance returns to help us make a trade decision. For example, suppose you find that Ribbon Finance 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 |
Ribbon Finance 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 Ribbon Finance crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ribbon Finance crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ribbon Finance crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Ribbon Finance Lagged Returns
When evaluating Ribbon Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ribbon Finance crypto coin have on its future price. Ribbon Finance 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, Ribbon Finance autocorrelation shows the relationship between Ribbon Finance crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Ribbon Finance.
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 Ribbon Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ribbon Finance'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 Ribbon Finance Crypto.Check out Ribbon Finance Correlation, Ribbon Finance Volatility and Investing Opportunities module to complement your research on Ribbon Finance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Ribbon Finance 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.