TRON Market Value

TRX
 Crypto
  

USD 0.06  0.0001  0.16%   

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


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

TRON '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 TRON'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 TRON.
0.00
10/05/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
09/25/2022
0.00
If you would invest  0.00  in TRON on October 5, 2020 and sell it all today you would earn a total of 0.00 from holding TRON or generate 0.0% return on investment in TRON over 720 days. TRON is related to or competes with XRP, Solana, Polkadot, Polygon, FTX Token, Avalanche, and Chainlink. TRON is peer-to-peer digital currency powered by the Blockchain technology.

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

TRON Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TRON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRON's standard deviation. In reality, there are many statistical measures that can use TRON historical prices to predict the future TRON's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of TRON'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 TRON in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.062.46
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Intrinsic
Valuation
LowReal ValueHigh
0.000.052.45
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as TRON. Your research has to be compared to or analyzed against TRON's peers to derive any actionable benefits. When done correctly, TRON'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 TRON.

TRON Backtested Returns

TRON owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0393, which indicates digital coin had -0.0393% of return per unit of standard deviation over the last 3 months. Macroaxis standpoint towards measuring the risk of any crypto is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. TRON exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate TRON coefficient of variation of 3784.88, and Risk Adjusted Performance of 0.0357 to confirm the risk estimate we provide.
The entity has a beta of 0.3689, which indicates possible diversification benefits within a given portfolio. Let's try to break down what TRON's beta means in this case. As returns on the market increase, TRON returns are expected to increase less than the market. However, during the bear market, the loss on holding TRON will be expected to be smaller as well. Even though it is essential to pay attention to TRON current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. TRON exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
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No correlation between past and present

TRON has no correlation between past and present. Overlapping area represents the amount of predictability between TRON time series from 5th of October 2020 to 30th of September 2021 and 30th of September 2021 to 25th of September 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 TRON price movement. The serial correlation of 0.0 indicates that just 0.0% of current TRON price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

TRON lagged returns against current returns

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

TRON Lagged Returns

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

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 TRON 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.

Currently Active Assets on Macroaxis

Additionally, take a look at TRON Correlation, TRON Volatility and Investing Opportunities module to complement your research on TRON. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Tools for TRON Crypto Coin

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