Raydium Market Value
| RAY Crypto | USD 6.06 0.29 4.57% |
| Symbol | Raydium |
Raydium '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 Raydium'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 Raydium.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Raydium on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Raydium or generate 0.0% return on investment in Raydium over 180 days. Raydium is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Raydium is peer-to-peer digital currency powered by the Blockchain technology.
Raydium 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 Raydium'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 Raydium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.48 | |||
| Information Ratio | 0.2409 | |||
| Maximum Drawdown | 50.16 | |||
| Value At Risk | (9.54) | |||
| Potential Upside | 16.32 |
Raydium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raydium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raydium's standard deviation. In reality, there are many statistical measures that can use Raydium historical prices to predict the future Raydium's volatility.| Risk Adjusted Performance | 0.2061 | |||
| Jensen Alpha | 2.11 | |||
| Total Risk Alpha | 0.8063 | |||
| Sortino Ratio | 0.3054 | |||
| Treynor Ratio | (35.59) |
Raydium Backtested Returns
Raydium is exceptionally volatile given 3 months investment horizon. Raydium maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies digital coin had a 0.28% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.27% are justified by taking the suggested risk. Use Raydium Semi Deviation of 5.05, coefficient of variation of 389.31, and Risk Adjusted Performance of 0.2061 to evaluate coin specific risk that cannot be diversified away. The crypto holds a Beta of -0.059, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Raydium are expected to decrease at a much lower rate. During the bear market, Raydium is likely to outperform the market.
Auto-correlation | 0.18 |
Very weak predictability
Raydium has very weak predictability. Overlapping area represents the amount of predictability between Raydium time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Raydium price movement. The serial correlation of 0.18 indicates that over 18.0% of current Raydium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 2.34 |
Raydium lagged returns against current returns
Autocorrelation, which is Raydium 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 Raydium's crypto coin expected returns. We can calculate the autocorrelation of Raydium returns to help us make a trade decision. For example, suppose you find that Raydium 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 |
Raydium 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 Raydium crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raydium crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raydium crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Raydium Lagged Returns
When evaluating Raydium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raydium crypto coin have on its future price. Raydium 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, Raydium autocorrelation shows the relationship between Raydium crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Raydium.
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 Raydium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Raydium'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 Raydium Crypto.Check out Raydium Correlation, Raydium Volatility and Investing Opportunities module to complement your research on Raydium. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Raydium 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.