SWRV Market Value
| SWRV Crypto | USD 0.01 0.0003 3.13% |
| Symbol | SWRV |
SWRV '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 SWRV'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 SWRV.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in SWRV on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding SWRV or generate 0.0% return on investment in SWRV over 90 days. SWRV is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. SWRV is peer-to-peer digital currency powered by the Blockchain technology.
SWRV 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 SWRV'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 SWRV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.66 | |||
| Information Ratio | 0.1076 | |||
| Maximum Drawdown | 123.89 | |||
| Value At Risk | (11.54) | |||
| Potential Upside | 25.49 |
SWRV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SWRV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SWRV's standard deviation. In reality, there are many statistical measures that can use SWRV historical prices to predict the future SWRV's volatility.| Risk Adjusted Performance | 0.0988 | |||
| Jensen Alpha | 1.61 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | 0.1646 | |||
| Treynor Ratio | 2.04 |
SWRV Backtested Returns
SWRV is abnormally risky given 3 months investment horizon. SWRV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates digital coin had a 0.12% return per unit of standard deviation over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.81% are justified by taking the suggested risk. Use SWRV risk adjusted performance of 0.0988, and Coefficient Of Variation of 855.72 to evaluate coin specific risk that cannot be diversified away. The entity has a beta of 0.84, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SWRV's returns are expected to increase less than the market. However, during the bear market, the loss of holding SWRV is expected to be smaller as well.
Auto-correlation | -0.69 |
Very good reverse predictability
SWRV has very good reverse predictability. Overlapping area represents the amount of predictability between SWRV 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 SWRV price movement. The serial correlation of -0.69 indicates that around 69.0% of current SWRV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SWRV lagged returns against current returns
Autocorrelation, which is SWRV 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 SWRV's crypto coin expected returns. We can calculate the autocorrelation of SWRV returns to help us make a trade decision. For example, suppose you find that SWRV 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 |
SWRV 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 SWRV crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SWRV crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SWRV crypto coin over time.
Current vs Lagged Prices |
| Timeline |
SWRV Lagged Returns
When evaluating SWRV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SWRV crypto coin have on its future price. SWRV 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, SWRV autocorrelation shows the relationship between SWRV crypto coin current value and its past values and can show if there is a momentum factor associated with investing in SWRV.
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 SWRV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SWRV'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 Swrv Crypto.Check out SWRV Correlation, SWRV Volatility and Investing Opportunities module to complement your research on SWRV. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
SWRV 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.