REPO Market Value
| REPO Crypto | USD 0.35 0.01 2.78% |
| Symbol | REPO |
REPO '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 REPO'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 REPO.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in REPO on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding REPO or generate 0.0% return on investment in REPO over 90 days. REPO is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. REPO is peer-to-peer digital currency powered by the Blockchain technology.
REPO 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 REPO'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 REPO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.84 | |||
| Information Ratio | 0.167 | |||
| Maximum Drawdown | 19.84 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 8.0 |
REPO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REPO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REPO's standard deviation. In reality, there are many statistical measures that can use REPO historical prices to predict the future REPO's volatility.| Risk Adjusted Performance | 0.1632 | |||
| Jensen Alpha | 0.7601 | |||
| Total Risk Alpha | 0.1279 | |||
| Sortino Ratio | 0.132 | |||
| Treynor Ratio | 16.58 |
REPO Backtested Returns
REPO appears to be very volatile, given 3 months investment horizon. REPO maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies digital coin had a 0.23% return per unit of standard deviation over the last 3 months. By inspecting REPO's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please evaluate REPO's Risk Adjusted Performance of 0.1632, semi deviation of 2.22, and Market Risk Adjusted Performance of 16.59 to confirm if our risk estimates are consistent with your expectations. The crypto holds a Beta of 0.0462, which implies not very significant fluctuations relative to the market. As returns on the market increase, REPO's returns are expected to increase less than the market. However, during the bear market, the loss of holding REPO is expected to be smaller as well.
Auto-correlation | 0.58 |
Modest predictability
REPO has modest predictability. Overlapping area represents the amount of predictability between REPO 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 REPO price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current REPO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
REPO lagged returns against current returns
Autocorrelation, which is REPO 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 REPO's crypto coin expected returns. We can calculate the autocorrelation of REPO returns to help us make a trade decision. For example, suppose you find that REPO 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 |
REPO 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 REPO crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REPO crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REPO crypto coin over time.
Current vs Lagged Prices |
| Timeline |
REPO Lagged Returns
When evaluating REPO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REPO crypto coin have on its future price. REPO 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, REPO autocorrelation shows the relationship between REPO crypto coin current value and its past values and can show if there is a momentum factor associated with investing in REPO.
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 REPO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REPO'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 Repo Crypto.Check out REPO Correlation, REPO Volatility and Investing Opportunities module to complement your research on REPO. You can also try the Stocks Directory module to find actively traded stocks across global markets.
REPO 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.