Brazilian Digital Market Value

BRZ
 Crypto
  

USD 0.19  0.0028  1.45%   

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


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

Brazilian Digital '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 Brazilian Digital'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 Brazilian Digital.
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 Brazilian Digital on August 17, 2020 and sell it all today you would earn a total of 0.00 from holding Brazilian Digital Token or generate 0.0% return on investment in Brazilian Digital over 720 days. Brazilian Digital is related to or competes with XRP, Solana, Polkadot, Avalanche, FTX Token, Polygon, and Uniswap Protocol. Brazilian Digital Token is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Brazilian Digital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brazilian Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brazilian Digital's standard deviation. In reality, there are many statistical measures that can use Brazilian Digital historical prices to predict the future Brazilian Digital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Brazilian Digital'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 Brazilian Digital in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.1959.69
Details
Intrinsic
Valuation
LowReal ValueHigh
0.010.1859.68
Details
Naive
Forecast
LowNext ValueHigh
0.0047210.24102.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.180.190.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brazilian Digital. Your research has to be compared to or analyzed against Brazilian Digital's peers to derive any actionable benefits. When done correctly, Brazilian Digital'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 Brazilian Digital Token.

Brazilian Digital Token Backtested Returns

Brazilian Digital is abnormally risky given 3 months investment horizon. Brazilian Digital Token secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that digital coin had 0.12% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a crypto is to use Brazilian Digital Token market data together with coin specific technical indicators. We were able to interpolate data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 11.99% are justified by taking the suggested risk. Use Brazilian Digital risk adjusted performance of 0.1736, and Mean Deviation of 32.53 to evaluate coin specific risk that cannot be diversified away.
The crypto shows a Beta (market volatility) of -14.0056, which signifies a somewhat significant risk relative to the market. Let's try to break down what Brazilian's beta means in this case. As returns on the market increase, returns on owning Brazilian Digital are expected to decrease by larger amounts. On the other hand, during market turmoil, Brazilian Digital is expected to outperform it. Although it is essential to pay attention to Brazilian Digital Token historical returns, it is also good to be reasonable about what you can do with equity current trending patterns. Our philosophy in foreseeing future potential of any crypto is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if Brazilian Digital Token expected return of 11.99 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable.

Auto-correlation

    
  0.00  

No correlation between past and present

Brazilian Digital Token has no correlation between past and present. Overlapping area represents the amount of predictability between Brazilian Digital 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 Brazilian Digital Token price movement. The serial correlation of 0.0 indicates that just 0.0% of current Brazilian Digital price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Brazilian Digital Token lagged returns against current returns

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

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

Brazilian Digital Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Brazilian Digital 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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Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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Pair Trading with Brazilian Digital

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

Other Tools for Brazilian Crypto Coin

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