Dogwifhat Market Value
| WIF Crypto | USD 3.14 0.02 0.64% |
| Symbol | Dogwifhat |
Dogwifhat '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 Dogwifhat'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 Dogwifhat.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Dogwifhat on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding dogwifhat or generate 0.0% return on investment in Dogwifhat over 30 days. Dogwifhat is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. dogwifhat is peer-to-peer digital currency powered by the Blockchain technology.
Dogwifhat 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 Dogwifhat'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 dogwifhat upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.57 | |||
| Information Ratio | 0.1418 | |||
| Maximum Drawdown | 44.96 | |||
| Value At Risk | (8.59) | |||
| Potential Upside | 13.58 |
Dogwifhat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dogwifhat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dogwifhat's standard deviation. In reality, there are many statistical measures that can use Dogwifhat historical prices to predict the future Dogwifhat's volatility.| Risk Adjusted Performance | 0.1297 | |||
| Jensen Alpha | 1.27 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.2076 | |||
| Treynor Ratio | 39.42 |
dogwifhat Backtested Returns
Dogwifhat is exceptionally volatile given 3 months investment horizon. dogwifhat secures Sharpe Ratio (or Efficiency) of 0.18, which denotes digital coin had a 0.18% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use Dogwifhat Risk Adjusted Performance of 0.1297, semi deviation of 5.07, and Downside Deviation of 5.57 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 0.0324, which means not very significant fluctuations relative to the market. As returns on the market increase, Dogwifhat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dogwifhat is expected to be smaller as well.
Auto-correlation | -0.26 |
Weak reverse predictability
dogwifhat has weak reverse predictability. Overlapping area represents the amount of predictability between Dogwifhat 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 dogwifhat price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Dogwifhat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
dogwifhat lagged returns against current returns
Autocorrelation, which is Dogwifhat 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 Dogwifhat's crypto coin expected returns. We can calculate the autocorrelation of Dogwifhat returns to help us make a trade decision. For example, suppose you find that Dogwifhat 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 |
Dogwifhat 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 Dogwifhat crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dogwifhat crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dogwifhat crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Dogwifhat Lagged Returns
When evaluating Dogwifhat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dogwifhat crypto coin have on its future price. Dogwifhat 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, Dogwifhat autocorrelation shows the relationship between Dogwifhat crypto coin current value and its past values and can show if there is a momentum factor associated with investing in dogwifhat.
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 dogwifhat offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dogwifhat'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 Dogwifhat Crypto.Check out Dogwifhat Correlation, Dogwifhat Volatility and Investing Opportunities module to complement your research on Dogwifhat. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Dogwifhat 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.