Alchemy Pay Market Value

ACH
 Crypto
  

USD 0.0126  0.0005  4.13%   

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

Alchemy Pay '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 Alchemy Pay'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 Alchemy Pay.
0.00
04/28/2022
No Change 0.00  0.0 
In 2 months and 2 days
06/27/2022
0.00
If you would invest  0.00  in Alchemy Pay on April 28, 2022 and sell it all today you would earn a total of 0.00 from holding Alchemy Pay or generate 0.0% return on investment in Alchemy Pay over 60 days. Alchemy Pay is related to or competes with XRP, Solana, Polkadot, FTX Token, Avalanche, Chainlink, and Dai. Alchemy Pay is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Alchemy Pay Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alchemy Pay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alchemy Pay's standard deviation. In reality, there are many statistical measures that can use Alchemy Pay historical prices to predict the future Alchemy Pay's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Alchemy Pay'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 Alchemy Pay in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.017.43
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Intrinsic
Valuation
LowReal ValueHigh
0.000.0120967.43
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alchemy Pay. Your research has to be compared to or analyzed against Alchemy Pay's peers to derive any actionable benefits. When done correctly, Alchemy Pay'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 Alchemy Pay.

Alchemy Pay Backtested Returns

Alchemy Pay secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that digital coin had -0.22% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in 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. Alchemy Pay exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alchemy Pay risk adjusted performance of (0.28), and Mean Deviation of 5.06 to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of -0.7296, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Alchemy's beta means in this case. As returns on the market increase, returns on owning Alchemy Pay are expected to decrease at a much lower rate. During the bear market, Alchemy Pay is likely to outperform the market. Even though it is essential to pay attention to Alchemy Pay historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in 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. Alchemy Pay exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.76  

Good predictability

Alchemy Pay has good predictability. Overlapping area represents the amount of predictability between Alchemy Pay time series from 28th of April 2022 to 28th of May 2022 and 28th of May 2022 to 27th 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 Alchemy Pay price movement. The serial correlation of 0.76 indicates that around 76.0% of current Alchemy Pay price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.65
Residual Average0.0
Price Variance0.0

Alchemy Pay lagged returns against current returns

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

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

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

Alchemy Pay Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Alchemy Pay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alchemy Pay 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 Alchemy Pay - 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 Alchemy Pay to buy it.
The correlation of Alchemy Pay 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 Alchemy Pay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alchemy Pay 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 Alchemy Pay 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, Alchemy Pay Correlation, Portfolio Optimization, Alchemy Pay Volatility, as well as analyze Investing Opportunities and Alchemy Pay Performance. Note that the Alchemy Pay information on this page should be used as a complementary analysis to other Alchemy Pay'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 Transaction History module to view history of all your transactions and understand their impact on performance.

Other Tools for Alchemy Crypto Coin

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