BitMart Token Market Value

BMX
 Crypto
  

USD 0.22  0.01  4.76%   

BitMart Token's market value is the price at which a share of BitMart Token stock trades on a public exchange. It measures the collective expectations of BitMart Token investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of BitMart Token and determine expected loss or profit from investing in BitMart Token over a given investment horizon. Continue to Bitcoin Browser, BitMart Token Correlation, Portfolio Optimization, BitMart Token Volatility, as well as analyze Investing Opportunities and BitMart Token Performance.
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Please note, there is a significant difference between BitMart Token's value and its price as these two are different measures arrived at by different means. Investors typically determine BitMart Token value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BitMart Token'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.

BitMart Token '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 BitMart Token'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 BitMart Token.
0.00
08/26/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/16/2022
0.00
If you would invest  0.00  in BitMart Token on August 26, 2020 and sell it all today you would earn a total of 0.00 from holding BitMart Token or generate 0.0% return on investment in BitMart Token over 720 days. BitMart Token is related to or competes with XRP, Solana, Avalanche, Polkadot, FTX Token, Polygon, and Chainlink. BitMart Token is peer-to-peer digital currency powered by the Blockchain technologyMore

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

BitMart Token Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BitMart Token's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BitMart Token's standard deviation. In reality, there are many statistical measures that can use BitMart Token historical prices to predict the future BitMart Token's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BitMart Token'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 BitMart Token in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.226.14
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Intrinsic
Valuation
LowReal ValueHigh
0.010.186.10
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as BitMart Token. Your research has to be compared to or analyzed against BitMart Token's peers to derive any actionable benefits. When done correctly, BitMart Token'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 BitMart Token.

BitMart Token Backtested Returns

BitMart Token appears to be unusually risky, given 3 months investment horizon. BitMart Token secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that digital coin had 0.11% 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. By analyzing BitMart Token technical indicators you can presently evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of BitMart Token's Risk Adjusted Performance of 0.1067, mean deviation of 4.13, and Downside Deviation of 6.94 to double-check if our risk estimates are consistent with your expectations.
The crypto shows a Beta (market volatility) of -0.2155, which signifies not very significant fluctuations relative to the market. Let's try to break down what BitMart's beta means in this case. As returns on the market increase, returns on owning BitMart Token are expected to decrease at a much lower rate. During the bear market, BitMart Token is likely to outperform the market. Although it is vital to follow BitMart Token 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. We have found twenty-one technical indicators for BitMart Token, which you can use to evaluate the performance of the entity.

Auto-correlation

    
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No correlation between past and present

BitMart Token has no correlation between past and present. Overlapping area represents the amount of predictability between BitMart Token time series from 26th of August 2020 to 21st of August 2021 and 21st of August 2021 to 16th 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 BitMart Token price movement. The serial correlation of 0.0 indicates that just 0.0% of current BitMart Token price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

BitMart Token lagged returns against current returns

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

When evaluating BitMart Token's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BitMart Token crypto coin have on its future price. BitMart Token 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, BitMart Token autocorrelation shows the relationship between BitMart Token crypto coin current value and its past values and can show if there is a momentum factor associated with investing in BitMart Token.
   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 BitMart Token without increasing your portfolio risk or giving up 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 BitMart Token

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 BitMart Token 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 BitMart Token will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to BitMart Token could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BitMart Token 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 BitMart Token - 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 BitMart Token to buy it.
The correlation of BitMart Token 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 BitMart Token moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BitMart Token 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 BitMart Token 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, BitMart Token Correlation, Portfolio Optimization, BitMart Token Volatility, as well as analyze Investing Opportunities and BitMart Token Performance. Note that the BitMart Token information on this page should be used as a complementary analysis to other BitMart Token'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for BitMart Crypto Coin

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