RedStone Market Value
| RED Crypto | USD 0.35 0.02 6.06% |
| Symbol | RedStone |
RedStone '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 RedStone'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 RedStone.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in RedStone on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding RedStone or generate 0.0% return on investment in RedStone over 90 days. RedStone is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. RedStone is peer-to-peer digital currency powered by the Blockchain technology.
RedStone 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 RedStone'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 RedStone upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.07 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 22.88 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 10.81 |
RedStone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RedStone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RedStone's standard deviation. In reality, there are many statistical measures that can use RedStone historical prices to predict the future RedStone's volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.1599 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.34) |
RedStone Backtested Returns
RedStone maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies digital coin had a close to zero % return per unit of risk over the last 3 months. RedStone exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RedStone's Semi Deviation of 5.04, coefficient of variation of 4679.35, and Risk Adjusted Performance of 0.0284 to confirm the risk estimate we provide. The crypto holds a Beta of -0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning RedStone are expected to decrease at a much lower rate. During the bear market, RedStone is likely to outperform the market.
Auto-correlation | -0.48 |
Modest reverse predictability
RedStone has modest reverse predictability. Overlapping area represents the amount of predictability between RedStone 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 RedStone price movement. The serial correlation of -0.48 indicates that about 48.0% of current RedStone price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RedStone lagged returns against current returns
Autocorrelation, which is RedStone 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 RedStone's crypto coin expected returns. We can calculate the autocorrelation of RedStone returns to help us make a trade decision. For example, suppose you find that RedStone 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 |
RedStone 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 RedStone crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RedStone crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RedStone crypto coin over time.
Current vs Lagged Prices |
| Timeline |
RedStone Lagged Returns
When evaluating RedStone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RedStone crypto coin have on its future price. RedStone 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, RedStone autocorrelation shows the relationship between RedStone crypto coin current value and its past values and can show if there is a momentum factor associated with investing in RedStone.
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 RedStone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RedStone'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 Redstone Crypto.Check out RedStone Correlation, RedStone Volatility and Investing Opportunities module to complement your research on RedStone. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
RedStone 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.