Audius Market Value

AUDIO
  

USD 0.37  0.02  5.71%   

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


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

Audius '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 Audius' 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 Audius.
0.00
08/20/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
08/10/2022
0.00
If you would invest  0.00  in Audius on August 20, 2020 and sell it all today you would earn a total of 0.00 from holding Audius or generate 0.0% return on investment in Audius over 720 days. Audius is related to or competes with XRP, Solana, Avalanche, Polkadot, FTX Token, Polygon, and Uniswap Protocol. Audius is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Audius Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Audius' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Audius' standard deviation. In reality, there are many statistical measures that can use Audius historical prices to predict the future Audius' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Audius' 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 Audius in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.020.378.31
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Intrinsic
Valuation
LowReal ValueHigh
0.020.328.26
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Naive
Forecast
LowNext ValueHigh
0.0073930.378.31
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.300.350.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Audius. Your research has to be compared to or analyzed against Audius' peers to derive any actionable benefits. When done correctly, Audius' 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 Audius.

Audius Backtested Returns

We consider Audius unreasonably risky. Audius secures Sharpe Ratio (or Efficiency) of 0.0182, which signifies that digital coin had 0.0182% 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 Audius, which you can use to evaluate the future volatility of coin. Please confirm Audius risk adjusted performance of (0.09), and Mean Deviation of 6.92 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
The crypto shows a Beta (market volatility) of 1.1124, which signifies a somewhat significant risk relative to the market. Let's try to break down what Audius's beta means in this case. Audius returns are very sensitive to returns on the market. As the market goes up or down, Audius is expected to follow. Although it is important to respect Audius historical returns, it is better to be realistic regarding the information on the equity's 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 Audius technical indicators, you can presently evaluate if the expected return of 0.14% will be sustainable into the future.

Auto-correlation

    
  0.00  

No correlation between past and present

Audius has no correlation between past and present. Overlapping area represents the amount of predictability between Audius time series from 20th of August 2020 to 15th of August 2021 and 15th of August 2021 to 10th 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 Audius price movement. The serial correlation of 0.0 indicates that just 0.0% of current Audius price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Audius lagged returns against current returns

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

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

Audius Lagged Returns

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

Audius Investors Sentiment

The influence of Audius' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Audius. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Audius in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Audius' short interest history, or implied volatility extrapolated from Audius options trading.

Pair Trading with Audius

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

Moving together with Audius

0.65XRPXRPPairCorr
0.61SOLSolanaPairCorr
The ability to find closely correlated positions to Audius could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Audius 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 Audius - 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 Audius to buy it.
The correlation of Audius 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 Audius moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Audius 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 Audius 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, Audius Correlation, Portfolio Optimization, Audius Volatility, as well as analyze Investing Opportunities and Audius Performance. Note that the Audius information on this page should be used as a complementary analysis to other Audius' 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Tools for Audius Crypto Coin

When running Audius price analysis, check to measure Audius' 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 Audius is operating at the current time. Most of Audius' value examination focuses on studying past and present price action to predict the probability of Audius' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Audius' price. Additionally, you may evaluate how the addition of Audius to your portfolios can decrease your overall portfolio volatility.
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