Layer3 Market Value
| L3 Crypto | USD 0.05 0.0008 1.59% |
| Symbol | Layer3 |
Layer3 '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 Layer3'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 Layer3.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Layer3 on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Layer3 or generate 0.0% return on investment in Layer3 over 90 days. Layer3 is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. Layer3 is peer-to-peer digital currency powered by the Blockchain technology.
Layer3 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 Layer3'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 Layer3 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.83 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 83.56 | |||
| Value At Risk | (7.75) | |||
| Potential Upside | 11.21 |
Layer3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Layer3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Layer3's standard deviation. In reality, there are many statistical measures that can use Layer3 historical prices to predict the future Layer3's volatility.| Risk Adjusted Performance | 0.0128 | |||
| Jensen Alpha | 0.1862 | |||
| Total Risk Alpha | (1.48) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Layer3's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Layer3 Backtested Returns
At this point, Layer3 is abnormally risky. Layer3 has Sharpe Ratio of close to zero, which conveys that digital coin had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Layer3, which you can use to evaluate the volatility of coin. Please verify Layer3's Downside Deviation of 5.83, mean deviation of 5.77, and Risk Adjusted Performance of 0.0128 to check out if the risk estimate we provide is consistent with the expected return of 0.0425%. The crypto secures a Beta (Market Risk) of -1.18, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Layer3 are expected to decrease by larger amounts. On the other hand, during market turmoil, Layer3 is expected to outperform it.
Auto-correlation | 0.00 |
No correlation between past and present
Layer3 has no correlation between past and present. Overlapping area represents the amount of predictability between Layer3 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 Layer3 price movement. The serial correlation of 0.0 indicates that just 0.0% of current Layer3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Layer3 lagged returns against current returns
Autocorrelation, which is Layer3 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 Layer3's crypto coin expected returns. We can calculate the autocorrelation of Layer3 returns to help us make a trade decision. For example, suppose you find that Layer3 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 |
Layer3 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 Layer3 crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Layer3 crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Layer3 crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Layer3 Lagged Returns
When evaluating Layer3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Layer3 crypto coin have on its future price. Layer3 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, Layer3 autocorrelation shows the relationship between Layer3 crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Layer3.
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 Layer3 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Layer3'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 Layer3 Crypto.Check out Layer3 Correlation, Layer3 Volatility and Investing Opportunities module to complement your research on Layer3. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Layer3 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.