Chainlink Market Value

LINK
 Crypto
  

USD 7.15  0.05  0.69%   

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


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

Chainlink '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 Chainlink'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 Chainlink.
0.00
10/30/2022
No Change 0.00  0.0 
In 30 days
11/29/2022
0.00
If you would invest  0.00  in Chainlink on October 30, 2022 and sell it all today you would earn a total of 0.00 from holding Chainlink or generate 0.0% return on investment in Chainlink over 30 days. Chainlink is related to or competes with XRP, Solana, Polygon, Polkadot, Avalanche, Uniswap Protocol, and Aptos. Chainlink is peer-to-peer digital currency powered by the Blockchain technology.

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

Chainlink Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chainlink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chainlink's standard deviation. In reality, there are many statistical measures that can use Chainlink historical prices to predict the future Chainlink's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Chainlink'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 Chainlink in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1.627.2612.90
Details
Intrinsic
Valuation
LowReal ValueHigh
0.516.1511.79
Details
Naive
Forecast
LowNext ValueHigh
1.677.3112.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.976.957.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chainlink. Your research has to be compared to or analyzed against Chainlink's peers to derive any actionable benefits. When done correctly, Chainlink'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 Chainlink.

Chainlink Backtested Returns

Chainlink appears to be unusually risky, given 3 months investment horizon. Chainlink secures Sharpe Ratio (or Efficiency) of 0.0397, which signifies that digital coin had 0.0397% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Chainlink, which you can use to evaluate the future volatility of coin. Please makes use of Chainlink's mean deviation of 3.87, and Risk Adjusted Performance of 0.0838 to double-check if our risk estimates are consistent with your expectations.
The crypto shows a Beta (market volatility) of -0.9217, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Chainlink's beta means in this case. As the market becomes more bullish, returns on owning Chainlink are expected to decrease slowly. On the other hand, during market turmoil, Chainlink is expected to outperform it slightly. Although it is important to respect Chainlink historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 Chainlink technical indicators, you can presently evaluate if the expected return of 0.22% will be sustainable into the future.

Auto-correlation

    
  -0.84  

Excellent reverse predictability

Chainlink has excellent reverse predictability. Overlapping area represents the amount of predictability between Chainlink time series from 30th of October 2022 to 14th of November 2022 and 14th of November 2022 to 29th of November 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 Chainlink price movement. The serial correlation of -0.84 indicates that around 84.0% of current Chainlink price fluctuation can be explain by its past prices.
Correlation Coefficient-0.84
Spearman Rank Test-0.67
Residual Average0.0
Price Variance0.14

Chainlink lagged returns against current returns

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

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

Chainlink Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Chainlink 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?

Run Options Analysis Now

   

Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Chainlink using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Chainlink Correlation, Chainlink Volatility and Investing Opportunities module to complement your research on Chainlink. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Tools for Chainlink Crypto Coin

When running Chainlink price analysis, check to measure Chainlink's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Chainlink is operating at the current time. Most of Chainlink's value examination focuses on studying past and present price actions to predict the probability of Chainlink's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Chainlink's coin price. Additionally, you may evaluate how adding Chainlink to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go