Avalanche Market Value

AVAX
 Crypto
  

USD 17.34  0.31  1.82%   

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


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

Avalanche '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 Avalanche'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 Avalanche.
0.00
09/01/2022
No Change 0.00  0.0 
In 31 days
10/01/2022
0.00
If you would invest  0.00  in Avalanche on September 1, 2022 and sell it all today you would earn a total of 0.00 from holding Avalanche or generate 0.0% return on investment in Avalanche over 30 days. Avalanche is related to or competes with Ethereum, XRP, Solana, Cardano, Polkadot, Chainlink, and Polygon. Avalanche is peer-to-peer digital currency powered by the Blockchain technology.

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

Avalanche Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avalanche's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avalanche's standard deviation. In reality, there are many statistical measures that can use Avalanche historical prices to predict the future Avalanche's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Avalanche'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 Avalanche in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.6817.4723.26
Details
Intrinsic
Valuation
LowReal ValueHigh
11.1516.9422.73
Details
Naive
Forecast
LowNext ValueHigh
10.3616.1421.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.1918.8822.58
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avalanche. Your research has to be compared to or analyzed against Avalanche's peers to derive any actionable benefits. When done correctly, Avalanche'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 Avalanche.

Avalanche Backtested Returns

We consider Avalanche unusually risky. Avalanche secures Sharpe Ratio (or Efficiency) of 0.0144, which signifies that digital coin had 0.0144% 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 Avalanche, which you can use to evaluate the future volatility of coin. Please confirm Avalanche mean deviation of 4.31, and Risk Adjusted Performance of 0.0591 to double-check if the risk estimate we provide is consistent with the expected return of 0.0834%.
The crypto shows a Beta (market volatility) of 0.4797, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Avalanche's beta means in this case. As returns on the market increase, Avalanche returns are expected to increase less than the market. However, during the bear market, the loss on holding Avalanche will be expected to be smaller as well. Although it is important to respect Avalanche 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 Avalanche technical indicators, you can presently evaluate if the expected return of 0.0834% will be sustainable into the future.

Auto-correlation

    
  0.30  

Below average predictability

Avalanche has below average predictability. Overlapping area represents the amount of predictability between Avalanche time series from 1st of September 2022 to 16th of September 2022 and 16th of September 2022 to 1st of October 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 Avalanche price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Avalanche price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test-0.68
Residual Average0.0
Price Variance0.28

Avalanche lagged returns against current returns

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

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

Avalanche Lagged Returns

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

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

Moving together with Avalanche

+0.79ETHEthereumPairCorr
The ability to find closely correlated positions to Avalanche could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avalanche 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 Avalanche - 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 Avalanche to buy it.
The correlation of Avalanche 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 Avalanche moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avalanche 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 Avalanche 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 Avalanche Correlation, Avalanche Volatility and Investing Opportunities module to complement your research on Avalanche. Note that the Avalanche information on this page should be used as a complementary analysis to other Avalanche'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Tools for Avalanche Crypto Coin

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