VTC Market Value
| VTC Crypto | USD 0.05 0.0006 1.10% |
| Symbol | VTC |
VTC '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 VTC'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 VTC.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in VTC on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding VTC or generate 0.0% return on investment in VTC over 180 days. VTC is related to or competes with Bitcoin, Dogecoin, Bitcoin Cash, Litecoin, Ethereum Classic, Arweave, and Bitcoin SV. VTC is peer-to-peer digital currency powered by the Blockchain technology.
VTC 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 VTC'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 VTC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.68 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 38.43 | |||
| Value At Risk | (13.10) | |||
| Potential Upside | 9.76 |
VTC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VTC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VTC's standard deviation. In reality, there are many statistical measures that can use VTC historical prices to predict the future VTC's volatility.| Risk Adjusted Performance | 0.0113 | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (1.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0068 |
VTC Backtested Returns
At this point, VTC is unreasonably risky. VTC retains Efficiency (Sharpe Ratio) of 0.0102, which indicates digital coin had a 0.0102% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for VTC, which you can use to evaluate the volatility of coin. Please validate VTC's risk adjusted performance of 0.0113, and Downside Deviation of 7.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.0716%. The entity owns a Beta (Systematic Risk) of 1.81, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VTC will likely underperform.
Auto-correlation | -0.08 |
Very weak reverse predictability
VTC has very weak reverse predictability. Overlapping area represents the amount of predictability between VTC time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 VTC price movement. The serial correlation of -0.08 indicates that barely 8.0% of current VTC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VTC lagged returns against current returns
Autocorrelation, which is VTC 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 VTC's crypto coin expected returns. We can calculate the autocorrelation of VTC returns to help us make a trade decision. For example, suppose you find that VTC 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 |
VTC 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 VTC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VTC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VTC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
VTC Lagged Returns
When evaluating VTC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VTC crypto coin have on its future price. VTC 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, VTC autocorrelation shows the relationship between VTC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in VTC.
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 VTC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VTC'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 Vtc Crypto.Check out VTC Correlation, VTC Volatility and Investing Opportunities module to complement your research on VTC. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
VTC 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.