AERGO Market Value

AERGO
  

USD 0.15  0.00  0.00%   

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


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

AERGO '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 AERGO'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 AERGO.
0.00
07/19/2022
No Change 0.00  0.0 
In 30 days
08/18/2022
0.00
If you would invest  0.00  in AERGO on July 19, 2022 and sell it all today you would earn a total of 0.00 from holding AERGO or generate 0.0% return on investment in AERGO over 30 days. AERGO is related to or competes with XRP, Solana, Avalanche, Polkadot, FTX Token, Polygon, and Chainlink. AERGO is peer-to-peer digital currency powered by the Blockchain technology.

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

AERGO Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AERGO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AERGO's standard deviation. In reality, there are many statistical measures that can use AERGO historical prices to predict the future AERGO's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AERGO'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 AERGO in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.157.56
Details
Intrinsic
Valuation
LowReal ValueHigh
0.010.127.53
Details
Naive
Forecast
LowNext ValueHigh
0.0034730.177.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.110.130.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AERGO. Your research has to be compared to or analyzed against AERGO's peers to derive any actionable benefits. When done correctly, AERGO'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 AERGO.

AERGO Backtested Returns

AERGO appears to be unreasonably risky, given 3 months investment horizon. AERGO secures Sharpe Ratio (or Efficiency) of 0.0526, which signifies that digital coin had 0.0526% of return per unit of risk over the last 3 months. Our standpoint towards 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 AERGO, which you can use to evaluate the future volatility of coin. Please makes use of AERGO's risk adjusted performance of 0.0727, and Mean Deviation of 4.98 to double-check if our risk estimates are consistent with your expectations.
The crypto shows a Beta (market volatility) of 0.8594, which signifies possible diversification benefits within a given portfolio. Let's try to break down what AERGO's beta means in this case. AERGO returns are very sensitive to returns on the market. As the market goes up or down, AERGO is expected to follow. Although it is vital to follow AERGO historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards 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 reviewing AERGO technical indicators, you can today evaluate if the expected return of 0.39% will be sustainable into the future.

Auto-correlation

    
  0.18  

Very weak predictability

AERGO has very weak predictability. Overlapping area represents the amount of predictability between AERGO time series from 19th of July 2022 to 3rd of August 2022 and 3rd of August 2022 to 18th 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 AERGO price movement. The serial correlation of 0.18 indicates that over 18.0% of current AERGO price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test0.83
Residual Average0.0
Price Variance0.0

AERGO lagged returns against current returns

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

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

AERGO Lagged Returns

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

Be your own money manager

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

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

Pair Trading with AERGO

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

Moving together with AERGO

0.68XRPXRPPairCorr
The ability to find closely correlated positions to AERGO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AERGO 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 AERGO - 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 AERGO to buy it.
The correlation of AERGO 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 AERGO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AERGO 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 AERGO 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 AERGO Correlation, AERGO Volatility and Investing Opportunities module to complement your research on AERGO. Note that the AERGO information on this page should be used as a complementary analysis to other AERGO'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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Tools for AERGO Crypto Coin

When running AERGO price analysis, check to measure AERGO's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy AERGO is operating at the current time. Most of AERGO's value examination focuses on studying past and present price actions to predict the probability of AERGO's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move AERGO's coin price. Additionally, you may evaluate how adding AERGO to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go