Concordium Market Value
| CCD Crypto | USD 0.01 0.0004 4.69% |
| Symbol | Concordium |
Concordium '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 Concordium'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 Concordium.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Concordium on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Concordium or generate 0.0% return on investment in Concordium over 90 days. Concordium is related to or competes with XRP, Solana, Hyperliquid, Sui, Staked Ether, TRON, and Stellar. Concordium is peer-to-peer digital currency powered by the Blockchain technology.
Concordium 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 Concordium'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 Concordium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.75 | |||
| Information Ratio | 0.1017 | |||
| Maximum Drawdown | 172.48 | |||
| Value At Risk | (22.91) | |||
| Potential Upside | 29.31 |
Concordium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Concordium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Concordium's standard deviation. In reality, there are many statistical measures that can use Concordium historical prices to predict the future Concordium's volatility.| Risk Adjusted Performance | 0.0955 | |||
| Jensen Alpha | 2.27 | |||
| Total Risk Alpha | (3.43) | |||
| Sortino Ratio | 0.2435 | |||
| Treynor Ratio | 1.68 |
Concordium Backtested Returns
Concordium is abnormally risky given 3 months investment horizon. Concordium secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that digital coin had a 0.11 % return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.59% are justified by taking the suggested risk. Use Concordium Downside Deviation of 9.75, mean deviation of 8.47, and Risk Adjusted Performance of 0.0955 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 1.53, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Concordium will likely underperform.
Auto-correlation | -0.54 |
Good reverse predictability
Concordium has good reverse predictability. Overlapping area represents the amount of predictability between Concordium time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th 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 Concordium price movement. The serial correlation of -0.54 indicates that about 54.0% of current Concordium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Concordium lagged returns against current returns
Autocorrelation, which is Concordium 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 Concordium's crypto coin expected returns. We can calculate the autocorrelation of Concordium returns to help us make a trade decision. For example, suppose you find that Concordium 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 |
Concordium 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 Concordium crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Concordium crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Concordium crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Concordium Lagged Returns
When evaluating Concordium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Concordium crypto coin have on its future price. Concordium 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, Concordium autocorrelation shows the relationship between Concordium crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Concordium.
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 Concordium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concordium'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 Concordium Crypto.Check out Concordium Correlation, Concordium Volatility and Investing Opportunities module to complement your research on Concordium. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Concordium 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.