Plume Market Value
| PLUME Crypto | USD 0.09 0.01 9.79% |
| Symbol | Plume |
Plume '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 Plume'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 Plume.
| 05/25/2025 |
| 08/23/2025 |
If you would invest 0.00 in Plume on May 25, 2025 and sell it all today you would earn a total of 0.00 from holding Plume or generate 0.0% return on investment in Plume over 90 days. Plume is related to or competes with EigenLayer, EUR CoinVertible, Morpho, and DIA. Plume is peer-to-peer digital currency powered by the Blockchain technology.
Plume 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 Plume'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 Plume upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 34.53 | |||
| Value At Risk | (10.55) | |||
| Potential Upside | 10.0 |
Plume Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plume's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plume's standard deviation. In reality, there are many statistical measures that can use Plume historical prices to predict the future Plume's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.54) | |||
| Treynor Ratio | (45.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plume'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.
Plume Backtested Returns
Plume maintains Sharpe Ratio (i.e., Efficiency) of -0.0889, which implies digital coin had a -0.0889 % return per unit of risk over the last 3 months. Plume exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Plume's Variance of 50.21, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,133) to confirm the risk estimate we provide. The crypto holds a Beta of 0.0141, which implies not very significant fluctuations relative to the market. As returns on the market increase, Plume's returns are expected to increase less than the market. However, during the bear market, the loss of holding Plume is expected to be smaller as well.
Auto-correlation | 0.49 |
Average predictability
Plume has average predictability. Overlapping area represents the amount of predictability between Plume time series from 25th of May 2025 to 9th of July 2025 and 9th of July 2025 to 23rd of August 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 Plume price movement. The serial correlation of 0.49 indicates that about 49.0% of current Plume price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Plume lagged returns against current returns
Autocorrelation, which is Plume 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 Plume's crypto coin expected returns. We can calculate the autocorrelation of Plume returns to help us make a trade decision. For example, suppose you find that Plume 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 |
Plume 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 Plume crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plume crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plume crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Plume Lagged Returns
When evaluating Plume's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plume crypto coin have on its future price. Plume 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, Plume autocorrelation shows the relationship between Plume crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Plume.
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 Plume offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plume'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 Plume Crypto.Check out Plume Correlation, Plume Volatility and Investing Opportunities module to complement your research on Plume. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Plume 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.