BounceBit Technical Analysis
| BB Crypto | 0.31 0.03 10.71% |
As of the 23rd of November, BounceBit shows the Downside Deviation of 8.25, risk adjusted performance of 0.0109, and Mean Deviation of 5.02. Our technical analysis interface gives you tools to check existing technical drivers of BounceBit, as well as the relationship between them.
BounceBit Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BounceBit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BounceBitBounceBit |
BounceBit 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.
BounceBit Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of BounceBit volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BounceBit Trend Analysis
Use this graph to draw trend lines for BounceBit. You can use it to identify possible trend reversals for BounceBit as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual BounceBit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BounceBit Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BounceBit applied against its price change over selected period. The best fit line has a slop of 0.0005 , which may suggest that BounceBit market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted BounceBit price change compared to its average price change.About BounceBit Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BounceBit on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BounceBit based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on BounceBit price pattern first instead of the macroeconomic environment surrounding BounceBit. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of BounceBit's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to BounceBit specific price patterns or momentum indicators.
BounceBit November 23, 2024 Technical Indicators
Most technical analysis of BounceBit help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BounceBit from various momentum indicators to cycle indicators. When you analyze BounceBit charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0109 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 5.02 | |||
| Semi Deviation | 6.52 | |||
| Downside Deviation | 8.25 | |||
| Coefficient Of Variation | 37841.15 | |||
| Standard Deviation | 6.92 | |||
| Variance | 47.95 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0422 | |||
| Total Risk Alpha | (1.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 34.94 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.71 | |||
| Downside Variance | 68.1 | |||
| Semi Variance | 42.54 | |||
| Expected Short fall | (6.65) | |||
| Skewness | (0.57) | |||
| Kurtosis | 1.69 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BounceBit. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between BounceBit's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine BounceBit value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, BounceBit's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.