Bitcoin Cash Market Value

BCH
 Crypto
  

USD 117.16  2.97  2.47%   

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


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

Bitcoin Cash '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 Bitcoin Cash'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 Bitcoin Cash.
0.00
09/03/2022
No Change 0.00  0.0 
In 30 days
10/03/2022
0.00
If you would invest  0.00  in Bitcoin Cash on September 3, 2022 and sell it all today you would earn a total of 0.00 from holding Bitcoin Cash or generate 0.0% return on investment in Bitcoin Cash over 30 days. Bitcoin Cash is related to or competes with Bitcoin, Litecoin, Ethereum Classic, Monero, Bitcoin SV, IOTA, and ZCash. Bitcoin Cash is peer-to-peer digital currency powered by the Blockchain technology.

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

Bitcoin Cash Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Cash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bitcoin Cash's standard deviation. In reality, there are many statistical measures that can use Bitcoin Cash historical prices to predict the future Bitcoin Cash's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bitcoin Cash'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 Bitcoin Cash in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
114.17120.13126.09
Details
Intrinsic
Valuation
LowReal ValueHigh
97.62103.58132.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bitcoin Cash. Your research has to be compared to or analyzed against Bitcoin Cash's peers to derive any actionable benefits. When done correctly, Bitcoin Cash'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 Bitcoin Cash.

Bitcoin Cash Backtested Returns

Bitcoin Cash appears to be unusually risky, given 3 months investment horizon. Bitcoin Cash secures Sharpe Ratio (or Efficiency) of 0.0546, which signifies that digital coin had 0.0546% 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 Bitcoin Cash, which you can use to evaluate the future volatility of coin. Please makes use of Bitcoin Cash's Mean Deviation of 3.97, risk adjusted performance of 0.0684, and Downside Deviation of 5.29 to double-check if our risk estimates are consistent with your expectations.
The crypto shows a Beta (market volatility) of -0.0183, which signifies not very significant fluctuations relative to the market. Let's try to break down what Bitcoin's beta means in this case. As returns on the market increase, returns on owning Bitcoin Cash are expected to decrease at a much lower rate. During the bear market, Bitcoin Cash is likely to outperform the market. Although it is vital to follow Bitcoin Cash historical returns, it is good to be conservative about what you can do with the information regarding equity 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 Bitcoin Cash technical indicators, you can presently evaluate if the expected return of 0.33% will be sustainable into the future.

Auto-correlation

    
  0.45  

Average predictability

Bitcoin Cash has average predictability. Overlapping area represents the amount of predictability between Bitcoin Cash time series from 3rd of September 2022 to 18th of September 2022 and 18th of September 2022 to 3rd 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 Bitcoin Cash price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Bitcoin Cash price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.35
Residual Average0.0
Price Variance9.6

Bitcoin Cash lagged returns against current returns

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

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

Bitcoin Cash Lagged Returns

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

Bitcoin Cash Investors Sentiment

The influence of Bitcoin Cash'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 Bitcoin. The overall investor sentiment generally increases the direction of a crypto movement in a one-year investment horizon. However, the impact of investor sentiment on the entire crypto markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Bitcoin Cash's public news can be used to forecast risks associated with investment in Bitcoin. The trend in average sentiment can be used to explain how an investor holding Bitcoin can time the market purely based on public headlines and social activities around Bitcoin Cash. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Bitcoin Cash's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bitcoin Cash's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bitcoin Cash's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bitcoin Cash.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bitcoin Cash in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.

Pair Trading with Bitcoin Cash

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

Moving together with Bitcoin Cash

+0.77BTCBitcoinPairCorr
+0.87LTCLitecoinPairCorr
+0.8ETCEthereum ClassicPairCorr
The ability to find closely correlated positions to Bitcoin Cash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitcoin Cash 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 Bitcoin Cash - 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 Bitcoin Cash to buy it.
The correlation of Bitcoin Cash 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 Bitcoin Cash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitcoin Cash 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 Bitcoin Cash 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 Cash Correlation, Bitcoin Cash Volatility and Investing Opportunities module to complement your research on Bitcoin Cash. Note that the Bitcoin Cash information on this page should be used as a complementary analysis to other Bitcoin Cash'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for Bitcoin Crypto Coin

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