Axie Infinity Market Value

AXS
 Crypto
  

USD 12.56  0.45  3.46%   

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


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

Axie Infinity '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 Axie Infinity'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 Axie Infinity.
0.00
09/05/2022
No Change 0.00  0.0 
In 30 days
10/05/2022
0.00
If you would invest  0.00  in Axie Infinity on September 5, 2022 and sell it all today you would earn a total of 0.00 from holding Axie Infinity Shards or generate 0.0% return on investment in Axie Infinity over 30 days. Axie Infinity is related to or competes with XRP, Solana, Polkadot, Chainlink, Polygon, FTX Token, and Avalanche. Axie Infinity Shards is peer-to-peer digital currency powered by the Blockchain technology.

Axie Infinity 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 Axie Infinity'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 Axie Infinity Shards upside and downside potential and time the market with a certain degree of confidence.

Axie Infinity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Axie Infinity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axie Infinity's standard deviation. In reality, there are many statistical measures that can use Axie Infinity historical prices to predict the future Axie Infinity's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Axie Infinity'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 Axie Infinity in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.006.42
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.006.42
Details
Naive
Forecast
LowNext ValueHigh
5.7912.2118.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.9515.2219.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Axie Infinity. Your research has to be compared to or analyzed against Axie Infinity's peers to derive any actionable benefits. When done correctly, Axie Infinity'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 Axie Infinity Shards.

Axie Infinity Shards Backtested Returns

We consider Axie Infinity unusually volatile. Axie Infinity Shards secures Sharpe Ratio (or Efficiency) of 4.0E-4, which signifies that digital coin had 4.0E-4% of return per unit of risk over the last 3 months. Our standpoint towards 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 Axie Infinity Shards, which you can use to evaluate the future volatility of coin. Please confirm Axie Infinity Shards Mean Deviation of 4.58, risk adjusted performance of 0.0166, and Downside Deviation of 7.31 to double-check if the risk estimate we provide is consistent with the expected return of 0.0026%.
The crypto shows a Beta (market volatility) of 0.1691, which signifies not very significant fluctuations relative to the market. Let's try to break down what Axie Infinity's beta means in this case. As returns on the market increase, Axie Infinity returns are expected to increase less than the market. However, during the bear market, the loss on holding Axie Infinity will be expected to be smaller as well. Although it is important to respect Axie Infinity Shards historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards 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 Axie Infinity Shards technical indicators, you can presently evaluate if the expected return of 0.0026% will be sustainable into the future.

Auto-correlation

    
  -0.06  

Very weak reverse predictability

Axie Infinity Shards has very weak reverse predictability. Overlapping area represents the amount of predictability between Axie Infinity time series from 5th of September 2022 to 20th of September 2022 and 20th of September 2022 to 5th 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 Axie Infinity Shards price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Axie Infinity price fluctuation can be explain by its past prices.
Correlation Coefficient-0.06
Spearman Rank Test-0.4
Residual Average0.0
Price Variance0.14

Axie Infinity Shards lagged returns against current returns

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

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

Axie Infinity Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Axie Infinity 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 Axie Infinity

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 Axie Infinity 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 Axie Infinity will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Axie Infinity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axie Infinity 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 Axie Infinity - 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 Axie Infinity Shards to buy it.
The correlation of Axie Infinity 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 Axie Infinity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axie Infinity Shards 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 Axie Infinity 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 Axie Infinity Correlation, Axie Infinity Volatility and Investing Opportunities module to complement your research on Axie Infinity. You can also try CEO Directory module to screen CEOs from public companies around the world.

Other Tools for Axie Infinity Crypto Coin

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