IExec Market Value
| RLC Crypto | USD 2.42 0.06 2.54% |
| Symbol | IExec |
IExec '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 IExec'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 IExec.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in IExec on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding iExec or generate 0.0% return on investment in IExec over 90 days. IExec is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. iExec is peer-to-peer digital currency powered by the Blockchain technology.
IExec 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 IExec'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 iExec upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.12 | |||
| Information Ratio | 0.1344 | |||
| Maximum Drawdown | 28.38 | |||
| Value At Risk | (6.58) | |||
| Potential Upside | 7.6 |
IExec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IExec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IExec's standard deviation. In reality, there are many statistical measures that can use IExec historical prices to predict the future IExec's volatility.| Risk Adjusted Performance | 0.1328 | |||
| Jensen Alpha | 0.7361 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1276 | |||
| Treynor Ratio | 2.24 |
iExec Backtested Returns
IExec appears to be very risky, given 3 months investment horizon. iExec holds Efficiency (Sharpe) Ratio of 0.18, which attests that digital coin had a 0.18% return per unit of risk over the last 3 months. By evaluating IExec's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please utilize IExec's Downside Deviation of 5.12, market risk adjusted performance of 2.25, and Risk Adjusted Performance of 0.1328 to validate if our risk estimates are consistent with your expectations. The crypto retains a Market Volatility (i.e., Beta) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IExec's returns are expected to increase less than the market. However, during the bear market, the loss of holding IExec is expected to be smaller as well.
Auto-correlation | -0.07 |
Very weak reverse predictability
iExec has very weak reverse predictability. Overlapping area represents the amount of predictability between IExec 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 iExec price movement. The serial correlation of -0.07 indicates that barely 7.0% of current IExec price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
iExec lagged returns against current returns
Autocorrelation, which is IExec 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 IExec's crypto coin expected returns. We can calculate the autocorrelation of IExec returns to help us make a trade decision. For example, suppose you find that IExec 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 |
IExec 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 IExec crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IExec crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IExec crypto coin over time.
Current vs Lagged Prices |
| Timeline |
IExec Lagged Returns
When evaluating IExec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IExec crypto coin have on its future price. IExec 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, IExec autocorrelation shows the relationship between IExec crypto coin current value and its past values and can show if there is a momentum factor associated with investing in iExec.
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 iExec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IExec'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 Iexec Crypto.Check out IExec Correlation, IExec Volatility and Investing Opportunities module to complement your research on IExec. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
IExec 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.