SPX6900 Market Value
| SPX Crypto | USD 1.81 0.05 2.84% |
| Symbol | SPX6900 |
SPX6900 '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 SPX6900'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 SPX6900.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in SPX6900 on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding SPX6900 or generate 0.0% return on investment in SPX6900 over 90 days. SPX6900 is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. SPX6900 is peer-to-peer digital currency powered by the Blockchain technology.
SPX6900 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 SPX6900'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 SPX6900 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.5 | |||
| Information Ratio | 0.249 | |||
| Maximum Drawdown | 54.49 | |||
| Value At Risk | (9.59) | |||
| Potential Upside | 20.93 |
SPX6900 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPX6900's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPX6900's standard deviation. In reality, there are many statistical measures that can use SPX6900 historical prices to predict the future SPX6900's volatility.| Risk Adjusted Performance | 0.2546 | |||
| Jensen Alpha | 2.97 | |||
| Total Risk Alpha | 1.24 | |||
| Sortino Ratio | 0.3379 | |||
| Treynor Ratio | (1.16) |
SPX6900 Backtested Returns
SPX6900 is abnormally risky given 3 months investment horizon. SPX6900 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates digital coin had a 0.24 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.39% are justified by taking the suggested risk. Use SPX6900 Semi Deviation of 6.06, risk adjusted performance of 0.2546, and Coefficient Of Variation of 380.39 to evaluate coin specific risk that cannot be diversified away. The entity has a beta of -2.31, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SPX6900 are expected to decrease by larger amounts. On the other hand, during market turmoil, SPX6900 is expected to outperform it.
Auto-correlation | 0.62 |
Good predictability
SPX6900 has good predictability. Overlapping area represents the amount of predictability between SPX6900 time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 SPX6900 price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current SPX6900 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
SPX6900 lagged returns against current returns
Autocorrelation, which is SPX6900 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 SPX6900's crypto coin expected returns. We can calculate the autocorrelation of SPX6900 returns to help us make a trade decision. For example, suppose you find that SPX6900 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 |
SPX6900 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 SPX6900 crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPX6900 crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPX6900 crypto coin over time.
Current vs Lagged Prices |
| Timeline |
SPX6900 Lagged Returns
When evaluating SPX6900's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPX6900 crypto coin have on its future price. SPX6900 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, SPX6900 autocorrelation shows the relationship between SPX6900 crypto coin current value and its past values and can show if there is a momentum factor associated with investing in SPX6900.
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 SPX6900 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX6900'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 Spx6900 Crypto.Check out SPX6900 Correlation, SPX6900 Volatility and Investing Opportunities module to complement your research on SPX6900. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
SPX6900 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.