ABBC Coin Market Value

ABBC
 Crypto
  

USD 0.16  0.01  5.88%   

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


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

ABBC Coin '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 ABBC Coin'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 ABBC Coin.
0.00
11/10/2021
No Change 0.00  0.0 
In 1 year and 25 days
12/05/2022
0.00
If you would invest  0.00  in ABBC Coin on November 10, 2021 and sell it all today you would earn a total of 0.00 from holding ABBC Coin or generate 0.0% return on investment in ABBC Coin over 390 days. ABBC Coin is related to or competes with Polygon, Chainlink, Polkadot, Uniswap Protocol, OKB, Dai, and Aptos. ABBC Coin is peer-to-peer digital currency powered by the Blockchain technology.

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

ABBC Coin Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ABBC Coin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ABBC Coin's standard deviation. In reality, there are many statistical measures that can use ABBC Coin historical prices to predict the future ABBC Coin's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ABBC Coin'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 ABBC Coin in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.167.64
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Intrinsic
Valuation
LowReal ValueHigh
0.010.167.64
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as ABBC Coin. Your research has to be compared to or analyzed against ABBC Coin's peers to derive any actionable benefits. When done correctly, ABBC Coin'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 ABBC Coin.

ABBC Coin Backtested Returns

ABBC Coin retains Efficiency (Sharpe Ratio) of -0.0096, which signifies that digital coin had -0.0096% of return per unit of risk over the last 3 months. Macroaxis approach to foreseeing the risk of any crypto is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. ABBC Coin exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ABBC Coin coefficient of variation of 8033.09, and Market Risk Adjusted Performance of 0.1368 to double-check the risk estimate we provide.
The entity owns a Beta (Systematic Risk) of 0.6559, which signifies possible diversification benefits within a given portfolio. Let's try to break down what ABBC Coin's beta means in this case. As returns on the market increase, ABBC Coin returns are expected to increase less than the market. However, during the bear market, the loss on holding ABBC Coin will be expected to be smaller as well. Even though it is essential to pay attention to ABBC Coin existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach to foreseeing any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ABBC Coin exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.57  

Good reverse predictability

ABBC Coin has good reverse predictability. Overlapping area represents the amount of predictability between ABBC Coin time series from 10th of November 2021 to 24th of May 2022 and 24th of May 2022 to 5th of December 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 ABBC Coin price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current ABBC Coin price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.0

ABBC Coin lagged returns against current returns

Autocorrelation, which is ABBC Coin 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 ABBC Coin's crypto coin expected returns. We can calculate the autocorrelation of ABBC Coin returns to help us make a trade decision. For example, suppose you find that ABBC Coin 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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ABBC Coin 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 ABBC Coin crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ABBC Coin crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ABBC Coin crypto coin over time.
   Current vs Lagged Prices   
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ABBC Coin Lagged Returns

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

Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ABBC Coin in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.

Pair Trading with ABBC Coin

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 ABBC Coin 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 ABBC Coin will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ABBC Coin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABBC Coin 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 ABBC Coin - 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 ABBC Coin to buy it.
The correlation of ABBC Coin 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 ABBC Coin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABBC Coin 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 ABBC Coin 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 ABBC Coin Correlation, ABBC Coin Volatility and Investing Opportunities module to complement your research on ABBC Coin. Note that the ABBC Coin information on this page should be used as a complementary analysis to other ABBC Coin'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Other Tools for ABBC Coin Crypto Coin

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