REQ Market Value
| REQ Crypto | USD 0.12 0.01 9.09% |
| Symbol | REQ |
REQ '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 REQ'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 REQ.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in REQ on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding REQ or generate 0.0% return on investment in REQ over 30 days. REQ is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. REQ is peer-to-peer digital currency powered by the Blockchain technology.
REQ 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 REQ'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 REQ upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.09 | |||
| Information Ratio | 0.0259 | |||
| Maximum Drawdown | 23.27 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
REQ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REQ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REQ's standard deviation. In reality, there are many statistical measures that can use REQ historical prices to predict the future REQ's volatility.| Risk Adjusted Performance | 0.0496 | |||
| Jensen Alpha | 0.1923 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0236 | |||
| Treynor Ratio | 0.6014 |
REQ Backtested Returns
REQ appears to be very risky, given 3 months investment horizon. REQ maintains Sharpe Ratio (i.e., Efficiency) of 0.0827, which implies digital coin had a 0.0827% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for REQ, which you can use to evaluate the volatility of coin. Please evaluate REQ's Semi Deviation of 3.91, risk adjusted performance of 0.0496, and Market Risk Adjusted Performance of 0.6114 to confirm if our risk estimates are consistent with your expectations. The crypto holds a Beta of 0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, REQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding REQ is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
REQ has modest predictability. Overlapping area represents the amount of predictability between REQ 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 REQ price movement. The serial correlation of 0.5 indicates that about 50.0% of current REQ price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
REQ lagged returns against current returns
Autocorrelation, which is REQ 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 REQ's crypto coin expected returns. We can calculate the autocorrelation of REQ returns to help us make a trade decision. For example, suppose you find that REQ 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 |
REQ 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 REQ crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REQ crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REQ crypto coin over time.
Current vs Lagged Prices |
| Timeline |
REQ Lagged Returns
When evaluating REQ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REQ crypto coin have on its future price. REQ 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, REQ autocorrelation shows the relationship between REQ crypto coin current value and its past values and can show if there is a momentum factor associated with investing in REQ.
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 REQ offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REQ'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 Req Crypto.Check out REQ Correlation, REQ Volatility and Investing Opportunities module to complement your research on REQ. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
REQ 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.