XUC Market Value
| XUC Crypto | USD 0 0.000026 1.75% |
| Symbol | XUC |
XUC '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 XUC'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 XUC.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in XUC on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding XUC or generate 0.0% return on investment in XUC over 720 days. XUC is related to or competes with XRP, Solana, Staked Ether, Toncoin, Worldcoin, Sui, and Stellar. XUC is peer-to-peer digital currency powered by the Blockchain technology.
XUC 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 XUC'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 XUC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.25 | |||
| Information Ratio | 0.1406 | |||
| Maximum Drawdown | 16.64 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 6.35 |
XUC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XUC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XUC's standard deviation. In reality, there are many statistical measures that can use XUC historical prices to predict the future XUC's volatility.| Risk Adjusted Performance | 0.1439 | |||
| Jensen Alpha | 0.5806 | |||
| Total Risk Alpha | 0.0305 | |||
| Sortino Ratio | 0.1593 | |||
| Treynor Ratio | 1.26 |
XUC Backtested Returns
XUC appears to be very volatile, given 3 months investment horizon. XUC retains Efficiency (Sharpe Ratio) of 0.18, which attests that digital coin had a 0.18% return per unit of volatility over the last 3 months. By examining XUC's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize XUC's Mean Deviation of 2.71, market risk adjusted performance of 1.27, and Standard Deviation of 3.69 to validate if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of 0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, XUC's returns are expected to increase less than the market. However, during the bear market, the loss of holding XUC is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
XUC has very weak reverse predictability. Overlapping area represents the amount of predictability between XUC time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 XUC price movement. The serial correlation of -0.03 indicates that only 3.0% of current XUC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
XUC lagged returns against current returns
Autocorrelation, which is XUC 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 XUC's crypto coin expected returns. We can calculate the autocorrelation of XUC returns to help us make a trade decision. For example, suppose you find that XUC 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 |
XUC 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 XUC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XUC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XUC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
XUC Lagged Returns
When evaluating XUC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XUC crypto coin have on its future price. XUC 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, XUC autocorrelation shows the relationship between XUC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in XUC.
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 XUC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XUC'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 Xuc Crypto.Check out XUC Correlation, XUC Volatility and Investing Opportunities module to complement your research on XUC. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
XUC 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.