# Beta Finance Market Value

BETA | Crypto | ## USD 0.10 0.01 9.09% |

Symbol | Beta Finance |

## Beta Finance '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 Beta Finance'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 Beta Finance.

09/03/2022 |
| 10/03/2022 |

If you would invest

**0.00**in Beta Finance on**September 3, 2022**and sell it all today you would**earn a total of 0.00**from holding Beta Finance or generate**0.0%**return on investment in Beta Finance over**30**days. Beta Finance is related to or competes with XRP, Solana, Polkadot, Chainlink, Polygon, FTX Token, and Avalanche. Beta Finance is peer-to-peer digital currency powered by the Blockchain technology.## Beta Finance 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 Beta Finance'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 Beta Finance upside and downside potential and time the market with a certain degree of confidence.

Downside Deviation | 10.23 | |||

Information Ratio | 0.0616 | |||

Maximum Drawdown | 71.8 | |||

Value At Risk | (9.91) | |||

Potential Upside | 10.0 |

## Beta Finance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Beta Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beta Finance's standard deviation. In reality, there are many statistical measures that can use Beta Finance historical prices to predict the future Beta Finance's volatility.Risk Adjusted Performance | 0.0661 | |||

Jensen Alpha | 0.7369 | |||

Total Risk Alpha | 1.5 | |||

Sortino Ratio | 0.0585 | |||

Treynor Ratio | 0.2224 |

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Beta Finance'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 Beta Finance in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beta Finance. Your research has to be compared to or analyzed against Beta Finance's peers to derive any actionable benefits. When done correctly, Beta Finance'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 Beta Finance.

## Beta Finance Backtested Returns

Beta Finance appears to be abnormally risky, given 3 months investment horizon. Beta Finance secures Sharpe Ratio (or Efficiency) of 0.044, which signifies that digital coin had 0.044% 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 Beta Finance, which you can use to evaluate the future volatility of coin. Please makes use of Beta Finance's Downside Deviation of 10.23, risk adjusted performance of 0.0661, and Mean Deviation of 5.76 to double-check if our risk estimates are consistent with your expectations.

The crypto shows a Beta (market volatility) of 2.1501, which signifies a somewhat significant risk relative to the market. Let's try to break down what Beta Finance's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Beta Finance will likely underperform. Although it is vital to follow Beta Finance 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 Beta Finance technical indicators, you can presently evaluate if the expected return of 0.43% will be sustainable into the future.

## Auto-correlation | -0.29 |

### Weak reverse predictability

Beta Finance has weak reverse predictability. Overlapping area represents the amount of predictability between Beta Finance 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 Beta Finance price movement. The serial correlation of

**-0.29**indicates that nearly 29.0% of current Beta Finance price fluctuation can be explain by its past prices.Correlation Coefficient | -0.29 | |

Spearman Rank Test | -0.25 | |

Residual Average | 0.0 | |

Price Variance | 0.0 |

## Beta Finance lagged returns against current returns

Autocorrelation, which is Beta Finance 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 Beta Finance's crypto coin expected returns. We can calculate the autocorrelation of Beta Finance returns to help us make a trade decision. For example, suppose you find that Beta Finance 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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## Beta Finance 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 Beta Finance crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beta Finance crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beta Finance crypto coin over time.

Current vs Lagged Prices |

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## Beta Finance Lagged Returns

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

Regressed Prices |

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## Be your own money manager

Our tools can tell you how much better you can do entering a position in Beta Finance 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.## Did you try this?

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All Next | Launch Module |

## Pair Trading with Beta Finance

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 Beta Finance 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 Beta Finance will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Beta Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beta Finance 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 Beta Finance - 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 Beta Finance to buy it.

The correlation of Beta Finance 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 Beta Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beta Finance 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 Beta Finance 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.Continue to Beta Finance Correlation, Beta Finance Volatility and Investing Opportunities module to complement your research on Beta Finance. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

## Other Tools for Beta Finance Crypto Coin

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

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