Onyxcoin Market Value
| XCN Crypto | USD 0.02 0.0001 0.55% |
| Symbol | Onyxcoin |
Onyxcoin '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 Onyxcoin'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 Onyxcoin.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Onyxcoin on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Onyxcoin or generate 0.0% return on investment in Onyxcoin over 90 days. Onyxcoin is related to or competes with XRP, Solana, Hyperliquid, Sui, TRON, Staked Ether, and Stellar. Onyxcoin is peer-to-peer digital currency powered by the Blockchain technology.
Onyxcoin 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 Onyxcoin'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 Onyxcoin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 29.15 | |||
| Value At Risk | (7.05) | |||
| Potential Upside | 14.48 |
Onyxcoin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Onyxcoin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Onyxcoin's standard deviation. In reality, there are many statistical measures that can use Onyxcoin historical prices to predict the future Onyxcoin's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | 0.1501 | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.65) |
Onyxcoin Backtested Returns
At this point, Onyxcoin is unusually risky. Onyxcoin maintains Sharpe Ratio (i.e., Efficiency) of 0.0196, which implies digital coin had a 0.0196 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Onyxcoin, which you can use to evaluate the volatility of coin. Please check Onyxcoin's Coefficient Of Variation of 4217.75, semi deviation of 3.76, and Risk Adjusted Performance of 0.0305 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The crypto holds a Beta of -0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Onyxcoin are expected to decrease at a much lower rate. During the bear market, Onyxcoin is likely to outperform the market.
Auto-correlation | -0.49 |
Modest reverse predictability
Onyxcoin has modest reverse predictability. Overlapping area represents the amount of predictability between Onyxcoin 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 Onyxcoin price movement. The serial correlation of -0.49 indicates that about 49.0% of current Onyxcoin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Onyxcoin lagged returns against current returns
Autocorrelation, which is Onyxcoin 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 Onyxcoin's crypto coin expected returns. We can calculate the autocorrelation of Onyxcoin returns to help us make a trade decision. For example, suppose you find that Onyxcoin 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 |
Onyxcoin 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 Onyxcoin crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Onyxcoin crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Onyxcoin crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Onyxcoin Lagged Returns
When evaluating Onyxcoin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Onyxcoin crypto coin have on its future price. Onyxcoin 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, Onyxcoin autocorrelation shows the relationship between Onyxcoin crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Onyxcoin.
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 Onyxcoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onyxcoin'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 Onyxcoin Crypto.Check out Onyxcoin Correlation, Onyxcoin Volatility and Investing Opportunities module to complement your research on Onyxcoin. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Onyxcoin 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.