RFR Market Value
| RFR Crypto | USD 0.000022 0.000004 22.22% |
| Symbol | RFR |
RFR '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 RFR'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 RFR.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in RFR on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding RFR or generate 0.0% return on investment in RFR over 90 days. RFR is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. RFR is peer-to-peer digital currency powered by the Blockchain technology.
RFR 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 RFR'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 RFR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 24.84 | |||
| Information Ratio | 0.0266 | |||
| Maximum Drawdown | 152.94 | |||
| Value At Risk | (27.59) | |||
| Potential Upside | 15.79 |
RFR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RFR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RFR's standard deviation. In reality, there are many statistical measures that can use RFR historical prices to predict the future RFR's volatility.| Risk Adjusted Performance | 0.0348 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | (2.94) | |||
| Sortino Ratio | 0.0234 | |||
| Treynor Ratio | (0.18) |
RFR Backtested Returns
RFR is abnormally risky given 3 months investment horizon. RFR maintains Sharpe Ratio (i.e., Efficiency) of 0.0845, which implies digital coin had a 0.0845% return per unit of standard deviation over the last 3 months. We were able to interpolate data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use RFR Semi Deviation of 16.17, risk adjusted performance of 0.0348, and Market Risk Adjusted Performance of (0.17) to evaluate coin specific risk that cannot be diversified away. The crypto holds a Beta of -3.99, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning RFR are expected to decrease by larger amounts. On the other hand, during market turmoil, RFR is expected to outperform it.
Auto-correlation | -0.08 |
Very weak reverse predictability
RFR has very weak reverse predictability. Overlapping area represents the amount of predictability between RFR 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 RFR price movement. The serial correlation of -0.08 indicates that barely 8.0% of current RFR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RFR lagged returns against current returns
Autocorrelation, which is RFR 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 RFR's crypto coin expected returns. We can calculate the autocorrelation of RFR returns to help us make a trade decision. For example, suppose you find that RFR 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 |
RFR 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 RFR crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RFR crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RFR crypto coin over time.
Current vs Lagged Prices |
| Timeline |
RFR Lagged Returns
When evaluating RFR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RFR crypto coin have on its future price. RFR 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, RFR autocorrelation shows the relationship between RFR crypto coin current value and its past values and can show if there is a momentum factor associated with investing in RFR.
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 RFR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RFR'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 Rfr Crypto.Check out RFR Correlation, RFR Volatility and Investing Opportunities module to complement your research on RFR. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
RFR 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.