Band Protocol Market Value

BAND
 Crypto
  

USD 1.83  0.01  0.54%   

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


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

Band Protocol '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 Band Protocol'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 Band Protocol.
0.00
08/17/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/07/2022
0.00
If you would invest  0.00  in Band Protocol on August 17, 2020 and sell it all today you would earn a total of 0.00 from holding Band Protocol or generate 0.0% return on investment in Band Protocol over 720 days. Band Protocol is related to or competes with XRP, Solana, Polkadot, Avalanche, FTX Token, Polygon, and Uniswap Protocol. Band Protocol is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Band Protocol Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Band Protocol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Band Protocol's standard deviation. In reality, there are many statistical measures that can use Band Protocol historical prices to predict the future Band Protocol's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Band Protocol'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 Band Protocol in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.091.8310.26
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.459.88
Details
Naive
Forecast
LowNext ValueHigh
0.0359531.8010.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.251.591.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Band Protocol. Your research has to be compared to or analyzed against Band Protocol's peers to derive any actionable benefits. When done correctly, Band Protocol'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 Band Protocol.

Band Protocol Backtested Returns

We consider Band Protocol exceptionally volatile. Band Protocol secures Sharpe Ratio (or Efficiency) of 0.0067, which signifies that digital coin had 0.0067% 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 Band Protocol, which you can use to evaluate the future volatility of coin. Please confirm Band Protocol risk adjusted performance of (0.02905), and Mean Deviation of 6.81 to double-check if the risk estimate we provide is consistent with the expected return of 0.0563%.
The crypto shows a Beta (market volatility) of 0.0405, which signifies not very significant fluctuations relative to the market. Let's try to break down what Band Protocol's beta means in this case. As returns on the market increase, Band Protocol returns are expected to increase less than the market. However, during the bear market, the loss on holding Band Protocol will be expected to be smaller as well. Although it is important to respect Band Protocol 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 Band Protocol technical indicators, you can presently evaluate if the expected return of 0.0563% will be sustainable into the future.

Auto-correlation

    
  0.00  

No correlation between past and present

Band Protocol has no correlation between past and present. Overlapping area represents the amount of predictability between Band Protocol time series from 17th of August 2020 to 12th of August 2021 and 12th of August 2021 to 7th 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 Band Protocol price movement. The serial correlation of 0.0 indicates that just 0.0% of current Band Protocol price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Band Protocol lagged returns against current returns

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

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

Band Protocol Lagged Returns

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

Band Protocol Investors Sentiment

The influence of Band Protocol's 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 Band Protocol. 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 Band Protocol 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, Band Protocol's short interest history, or implied volatility extrapolated from Band Protocol options trading.

Pair Trading with Band Protocol

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

Moving together with Band Protocol

0.83XRPXRPPairCorr
0.74SOLSolanaPairCorr
The ability to find closely correlated positions to Band Protocol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Band Protocol 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 Band Protocol - 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 Band Protocol to buy it.
The correlation of Band Protocol 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 Band Protocol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Band Protocol 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 Band Protocol 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
Continue to Bitcoin Browser, Band Protocol Correlation, Portfolio Optimization, Band Protocol Volatility, as well as analyze Investing Opportunities and Band Protocol Performance. Note that the Band Protocol information on this page should be used as a complementary analysis to other Band Protocol'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Tools for Band Protocol Crypto Coin

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