DYdX Market Value
| DYDX Crypto | USD 0.67 0.01 1.52% |
| Symbol | DYdX |
DYdX '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 DYdX'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 DYdX.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in DYdX on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding dYdX or generate 0.0% return on investment in DYdX over 90 days. DYdX is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. dYdX is peer-to-peer digital currency powered by the Blockchain technology.
DYdX 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 DYdX'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 dYdX upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.9 | |||
| Information Ratio | 0.0414 | |||
| Maximum Drawdown | 25.4 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 8.7 |
DYdX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DYdX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DYdX's standard deviation. In reality, there are many statistical measures that can use DYdX historical prices to predict the future DYdX's volatility.| Risk Adjusted Performance | 0.0718 | |||
| Jensen Alpha | 0.3598 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0372 | |||
| Treynor Ratio | (4.60) |
dYdX Backtested Returns
DYdX appears to be extremely risky, given 3 months investment horizon. dYdX secures Sharpe Ratio (or Efficiency) of 0.0394, which denotes digital coin had a 0.0394 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for dYdX, which you can use to evaluate the volatility of coin. Please utilize DYdX's Risk Adjusted Performance of 0.0718, semi deviation of 4.67, and Mean Deviation of 4.03 to check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of -0.0761, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DYdX are expected to decrease at a much lower rate. During the bear market, DYdX is likely to outperform the market.
Auto-correlation | -0.64 |
Very good reverse predictability
dYdX has very good reverse predictability. Overlapping area represents the amount of predictability between DYdX time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of dYdX price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current DYdX price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
dYdX lagged returns against current returns
Autocorrelation, which is DYdX 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 DYdX's crypto coin expected returns. We can calculate the autocorrelation of DYdX returns to help us make a trade decision. For example, suppose you find that DYdX 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 |
DYdX 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 DYdX crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DYdX crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DYdX crypto coin over time.
Current vs Lagged Prices |
| Timeline |
DYdX Lagged Returns
When evaluating DYdX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DYdX crypto coin have on its future price. DYdX 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, DYdX autocorrelation shows the relationship between DYdX crypto coin current value and its past values and can show if there is a momentum factor associated with investing in dYdX.
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 dYdX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DYdX'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 Dydx Crypto.Check out DYdX Correlation, DYdX Volatility and Investing Opportunities module to complement your research on DYdX. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
DYdX 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.