AAVE Market Value

AAVE
 Crypto
  

USD 83.95  10.92  11.51%   

AAVE's market value is the price at which a share of AAVE stock trades on a public exchange. It measures the collective expectations of AAVE investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of AAVE and determine expected loss or profit from investing in AAVE over a given investment horizon. Please continue to AAVE Correlation, AAVE Volatility and Investing Opportunities module to complement your research on AAVE.
Symbol


Please note, there is a significant difference between AAVE's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine AAVE 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, AAVE's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.

AAVE '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 AAVE'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 AAVE.
0.00
08/29/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/19/2022
0.00
If you would invest  0.00  in AAVE on August 29, 2020 and sell it all today you would earn a total of 0.00 from holding AAVE or generate 0.0% return on investment in AAVE over 720 days. AAVE is related to or competes with XRP, Solana, Avalanche, Polkadot, FTX Token, Polygon, and Uniswap Protocol. AAVE is peer-to-peer digital currency powered by the Blockchain technology.

AAVE 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 AAVE'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 AAVE upside and downside potential and time the market with a certain degree of confidence.

AAVE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AAVE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAVE's standard deviation. In reality, there are many statistical measures that can use AAVE historical prices to predict the future AAVE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AAVE'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. Please use the tools below to analyze the current value of AAVE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
74.7383.9593.17
Details
Intrinsic
Valuation
LowReal ValueHigh
60.5569.7792.35
Details
Naive
Forecast
LowNext ValueHigh
82.7792.00101.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
79.9097.29114.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AAVE. Your research has to be compared to or analyzed against AAVE's peers to derive any actionable benefits. When done correctly, AAVE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in AAVE.

AAVE Backtested Returns

We consider AAVE abnormally risky. AAVE secures Sharpe Ratio (or Efficiency) of 0.0042, which signifies that digital coin had 0.0042% of return per unit of volatility over the last 3 months. Our viewpoint regarding foreseeing the volatility of a crypto is to use all available market data together with crypto-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for AAVE, which you can use to evaluate the future volatility of coin. Please confirm AAVE Coefficient Of Variation of 2996.23, mean deviation of 6.89, and Market Risk Adjusted Performance of 0.1764 to double-check if the risk estimate we provide is consistent with the expected return of 0.0391%.
The entity shows a Beta (market volatility) of 1.822, which signifies a somewhat significant risk relative to the market. Let's try to break down what AAVE's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AAVE will likely underperform. Although it is important to respect AAVE historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The way of foreseeing future performance of any crypto is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing AAVE technical indicators, you can today evaluate if the expected return of 0.0391% will be sustainable into the future.

Auto-correlation

    
  0.00  

No correlation between past and present

AAVE has no correlation between past and present. Overlapping area represents the amount of predictability between AAVE time series from 29th of August 2020 to 24th of August 2021 and 24th of August 2021 to 19th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AAVE price movement. The serial correlation of 0.0 indicates that just 0.0% of current AAVE price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

AAVE lagged returns against current returns

Autocorrelation, which is AAVE 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 AAVE's crypto coin expected returns. We can calculate the autocorrelation of AAVE returns to help us make a trade decision. For example, suppose you find that AAVE crypto coin has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

AAVE 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 AAVE crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAVE crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AAVE crypto coin over time.
   Current vs Lagged Prices   
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       Timeline  

AAVE Lagged Returns

When evaluating AAVE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAVE crypto coin have on its future price. AAVE 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, AAVE autocorrelation shows the relationship between AAVE crypto coin current value and its past values and can show if there is a momentum factor associated with investing in AAVE.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in AAVE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with AAVE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AAVE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AAVE will appreciate offsetting losses from the drop in the long position's value.

Moving together with AAVE

0.83XRPXRPPairCorr
0.75SOLSolanaPairCorr
The ability to find closely correlated positions to AAVE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAVE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AAVE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AAVE to buy it.
The correlation of AAVE is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AAVE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAVE moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AAVE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to AAVE Correlation, AAVE Volatility and Investing Opportunities module to complement your research on AAVE. Note that the AAVE information on this page should be used as a complementary analysis to other AAVE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Tools for AAVE Crypto Coin

When running AAVE price analysis, check to measure AAVE's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy AAVE is operating at the current time. Most of AAVE's value examination focuses on studying past and present price actions to predict the probability of AAVE's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move AAVE's coin price. Additionally, you may evaluate how adding AAVE to your portfolios can decrease your overall portfolio volatility.
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