2x Xrp Etf Market Value
| XRPT Etf | 19.82 0.68 3.32% |
| Symbol | XRPT |
The market value of 2x XRP ETF is measured differently than its book value, which is the value of XRPT that is recorded on the company's balance sheet. Investors also form their own opinion of 2x XRP's value that differs from its market value or its book value, called intrinsic value, which is 2x XRP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 2x XRP's market value can be influenced by many factors that don't directly affect 2x XRP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 2x XRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x XRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x XRP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
2x XRP '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 2x XRP's etf 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 2x XRP.
| 05/06/2025 |
| 08/04/2025 |
If you would invest 0.00 in 2x XRP on May 6, 2025 and sell it all today you would earn a total of 0.00 from holding 2x XRP ETF or generate 0.0% return on investment in 2x XRP over 90 days. 2x XRP is related to or competes with Rivernorth Opportunistic, MFS Investment, RiverNorth Managed, Blackrock Muniholdings, RiverNorth Flexible, Nuveen Dynamic, and Nuveen Municipal. 2x XRP is entity of United States. It is traded as Etf on NASDAQ exchange. More
2x XRP 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 2x XRP's etf 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 2x XRP ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.17 | |||
| Information Ratio | 0.087 | |||
| Maximum Drawdown | 48.13 | |||
| Value At Risk | (13.37) | |||
| Potential Upside | 20.12 |
2x XRP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2x XRP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2x XRP's standard deviation. In reality, there are many statistical measures that can use 2x XRP historical prices to predict the future 2x XRP's volatility.| Risk Adjusted Performance | 0.0869 | |||
| Jensen Alpha | 0.8584 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.1172 | |||
| Treynor Ratio | 1.15 |
2x XRP ETF Backtested Returns
2x XRP appears to be slightly risky, given 3 months investment horizon. 2x XRP ETF retains Efficiency (Sharpe Ratio) of 0.0978, which signifies that the etf had a 0.0978 % return per unit of price deviation over the last 3 months. By examining 2x XRP's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of 2x XRP's Standard Deviation of 9.66, market risk adjusted performance of 1.16, and Coefficient Of Variation of 1012.72 to double-check if our risk estimates are consistent with your expectations. The etf owns a Beta (Systematic Risk) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 2x XRP's returns are expected to increase less than the market. However, during the bear market, the loss of holding 2x XRP is expected to be smaller as well.
Auto-correlation | -0.59 |
Good reverse predictability
2x XRP ETF has good reverse predictability. Overlapping area represents the amount of predictability between 2x XRP time series from 6th of May 2025 to 20th of June 2025 and 20th of June 2025 to 4th 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 2x XRP ETF price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current 2x XRP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 25.49 |
2x XRP ETF lagged returns against current returns
Autocorrelation, which is 2x XRP etf'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 2x XRP's etf expected returns. We can calculate the autocorrelation of 2x XRP returns to help us make a trade decision. For example, suppose you find that 2x XRP has exhibited high autocorrelation historically, and you observe that the etf 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 |
2x XRP 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 2x XRP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 2x XRP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 2x XRP etf over time.
Current vs Lagged Prices |
| Timeline |
2x XRP Lagged Returns
When evaluating 2x XRP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 2x XRP etf have on its future price. 2x XRP 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, 2x XRP autocorrelation shows the relationship between 2x XRP etf current value and its past values and can show if there is a momentum factor associated with investing in 2x XRP ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out 2x XRP Correlation, 2x XRP Volatility and 2x XRP Alpha and Beta module to complement your research on 2x XRP. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
2x XRP technical etf 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, etf market cycles, or different charting patterns.