Aave Market Value

AAVE
 Crypto
  

USD 69.85  1.16  1.63%   

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


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

Aave '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 Aave'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 Aave.
0.00
05/29/2022
No Change 0.00  0.0 
In 30 days
06/28/2022
0.00
If you would invest  0.00  in Aave on May 29, 2022 and sell it all today you would earn a total of 0.00 from holding Aave or generate 0.0% return on investment in Aave over 30 days. Aave is related to or competes with XRP, Solana, Polkadot, FTX Token, Avalanche, Chainlink, and Dai. Aave is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Aave Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aave's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aave's standard deviation. In reality, there are many statistical measures that can use Aave historical prices to predict the future Aave's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aave'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 Aave in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
64.4374.1983.95
Details
Intrinsic
Valuation
LowReal ValueHigh
57.3067.0676.82
Details
Naive
Forecast
LowNext ValueHigh
48.0057.7567.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.6582.80121.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aave. Your research has to be compared to or analyzed against Aave's peers to derive any actionable benefits. When done correctly, Aave'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 Aave.

Aave Backtested Returns

Aave secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that digital coin had -0.12% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing 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. Aave exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Aave risk adjusted performance of (0.09), and Mean Deviation of 7.72 to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 2.692, which signifies a somewhat significant risk relative to the market. Let's try to break down what Aave'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, Aave will likely underperform. Even though it is essential to pay attention to Aave historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. Aave exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.67  

Very good reverse predictability

Aave has very good reverse predictability. Overlapping area represents the amount of predictability between Aave time series from 29th of May 2022 to 13th of June 2022 and 13th of June 2022 to 28th of June 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 Aave price movement. The serial correlation of -0.67 indicates that around 67.0% of current Aave price fluctuation can be explain by its past prices.
Correlation Coefficient-0.67
Spearman Rank Test-0.45
Residual Average0.0
Price Variance41.97

Aave lagged returns against current returns

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

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

Aave Lagged Returns

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

Be your own money manager

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

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 Aave 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 Aave will appreciate offsetting losses from the drop in the long position's value.

Aave Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Aave could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aave 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 Aave - 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 Aave to buy it.
The correlation of Aave 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 Aave moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aave 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 Aave 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
Please continue to Bitcoin Browser, Aave Correlation, Portfolio Optimization, Aave Volatility, as well as analyze Investing Opportunities and Aave Performance. Note that the Aave information on this page should be used as a complementary analysis to other Aave'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Tools for Aave Crypto Coin

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