My Neighbor Market Value

ALICE
  

USD 2.80  0.08  2.94%   

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


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

My Neighbor '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 My Neighbor'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 My Neighbor.
0.00
05/29/2022
No Change 0.00  0.0 
In 31 days
06/28/2022
0.00
If you would invest  0.00  in My Neighbor on May 29, 2022 and sell it all today you would earn a total of 0.00 from holding My Neighbor Alice or generate 0.0% return on investment in My Neighbor over 30 days. My Neighbor is related to or competes with XRP, Solana, Polkadot, FTX Token, Avalanche, Chainlink, and Dai. My Neighbor Alice is peer-to-peer digital currency powered by the Blockchain technologyMore

My Neighbor 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 My Neighbor'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 My Neighbor Alice upside and downside potential and time the market with a certain degree of confidence.

My Neighbor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for My Neighbor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as My Neighbor's standard deviation. In reality, there are many statistical measures that can use My Neighbor historical prices to predict the future My Neighbor's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of My Neighbor'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 My Neighbor in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.142.8011.34
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Intrinsic
Valuation
LowReal ValueHigh
0.132.6911.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as My Neighbor. Your research has to be compared to or analyzed against My Neighbor's peers to derive any actionable benefits. When done correctly, My Neighbor'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 My Neighbor Alice.

My Neighbor Alice Backtested Returns

My Neighbor Alice retains Efficiency (Sharpe Ratio) of -0.12, which conveys that digital coin had -0.12% of return per unit of price deviation over the last 3 months. Macroaxis standpoint towards estimating 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. My Neighbor exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify My Neighbor Alice Market Risk Adjusted Performance of (0.47), mean deviation of 6.81, and Standard Deviation of 9.14 to check out the risk estimate we provide.
The crypto owns a Beta (Systematic Risk) of 2.0742, which conveys a somewhat significant risk relative to the market. Let's try to break down what ALICE'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, My Neighbor will likely underperform. Even though it is essential to pay attention to My Neighbor Alice existing price patterns, it is always good to be careful when utilizing equity price patterns. Our philosophy towards estimating 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. My Neighbor exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.77  

Almost perfect reverse predictability

My Neighbor Alice has almost perfect reverse predictability. Overlapping area represents the amount of predictability between My Neighbor 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 My Neighbor Alice price movement. The serial correlation of -0.77 indicates that around 77.0% of current My Neighbor price fluctuation can be explain by its past prices.
Correlation Coefficient-0.77
Spearman Rank Test-0.46
Residual Average0.0
Price Variance0.1

My Neighbor Alice lagged returns against current returns

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

My Neighbor Lagged Returns

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

My Neighbor Investors Sentiment

The influence of My Neighbor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ALICE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards My Neighbor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, My Neighbor's short interest history, or implied volatility extrapolated from My Neighbor options trading.

Current Sentiment - ALICE

My Neighbor Alice Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in My Neighbor Alice. What is your trading attitude regarding investing in My Neighbor Alice? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Pair Trading with My Neighbor

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

My Neighbor Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to My Neighbor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace My Neighbor 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 My Neighbor - 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 My Neighbor Alice to buy it.
The correlation of My Neighbor 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 My Neighbor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if My Neighbor Alice 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 My Neighbor 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, My Neighbor Correlation, Portfolio Optimization, My Neighbor Volatility, as well as analyze Investing Opportunities and My Neighbor Performance. Note that the My Neighbor Alice information on this page should be used as a complementary analysis to other My Neighbor'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Other Tools for ALICE Crypto Coin

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