Ardor Market Value

ARDR
 Crypto
  

USD 0.12  0.02  14.29%   

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


Please note, there is a significant difference between Ardor's value and its price as these two are different measures arrived at by different means. Investors typically determine Ardor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardor'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.

Ardor '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 Ardor'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 Ardor.
0.00
07/14/2022
No Change 0.00  0.0 
In 31 days
08/13/2022
0.00
If you would invest  0.00  in Ardor on July 14, 2022 and sell it all today you would earn a total of 0.00 from holding Ardor or generate 0.0% return on investment in Ardor over 30 days. Ardor is related to or competes with XRP, Solana, Cardano, Avalanche, Polkadot, FTX Token, and Chainlink. Ardor is peer-to-peer digital currency powered by the Blockchain technology.More

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

Ardor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ardor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ardor's standard deviation. In reality, there are many statistical measures that can use Ardor historical prices to predict the future Ardor's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ardor'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 Ardor in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.126.47
Details
Intrinsic
Valuation
LowReal ValueHigh
0.010.126.47
Details
Naive
Forecast
LowNext ValueHigh
0.0029960.156.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.090.110.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ardor. Your research has to be compared to or analyzed against Ardor's peers to derive any actionable benefits. When done correctly, Ardor'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 Ardor.

Ardor Backtested Returns

Ardor appears to be unusually volatile, given 3 months investment horizon. Ardor secures Sharpe Ratio (or Efficiency) of 0.0693, which signifies that digital coin had 0.0693% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Ardor, which you can use to evaluate the future volatility of coin. Please makes use of Ardor's mean deviation of 4.31, and Risk Adjusted Performance of 0.1474 to double-check if our risk estimates are consistent with your expectations.
The crypto shows a Beta (market volatility) of 0.9468, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Ardor's beta means in this case. Ardor returns are very sensitive to returns on the market. As the market goes up or down, Ardor is expected to follow. Although it is vital to follow Ardor historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in 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 analyzing Ardor technical indicators, you can presently evaluate if the expected return of 0.44% will be sustainable into the future.

Auto-correlation

    
  0.21  

Weak predictability

Ardor has weak predictability. Overlapping area represents the amount of predictability between Ardor time series from 14th of July 2022 to 29th of July 2022 and 29th of July 2022 to 13th 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 Ardor price movement. The serial correlation of 0.21 indicates that over 21.0% of current Ardor price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test0.54
Residual Average0.0
Price Variance0.0

Ardor lagged returns against current returns

Autocorrelation, which is Ardor 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 Ardor's crypto coin expected returns. We can calculate the autocorrelation of Ardor returns to help us make a trade decision. For example, suppose you find that Ardor 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   
Share
       Timeline  

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

Ardor Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ardor without increasing your portfolio risk or giving up 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.

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

Pair Trading with Ardor

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 Ardor 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 Ardor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ardor

0.68XRPXRPPairCorr
The ability to find closely correlated positions to Ardor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ardor 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 Ardor - 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 Ardor to buy it.
The correlation of Ardor 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 Ardor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ardor 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 Ardor 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 Bitcoin Browser, Ardor Correlation, Portfolio Optimization, Ardor Volatility, as well as analyze Investing Opportunities and Ardor Performance. Note that the Ardor information on this page should be used as a complementary analysis to other Ardor'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Other Tools for Ardor Crypto Coin

When running Ardor price analysis, check to measure Ardor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ardor is operating at the current time. Most of Ardor's value examination focuses on studying past and present price action to predict the probability of Ardor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ardor's price. Additionally, you may evaluate how the addition of Ardor to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go