Ankr Network Market Value

ANKR
 Crypto
  

USD 0.0318  0.002  6.71%   

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


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

Ankr Network '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 Ankr Network'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 Ankr Network.
0.00
05/28/2022
No Change 0.00  0.0 
In 31 days
06/27/2022
0.00
If you would invest  0.00  in Ankr Network on May 28, 2022 and sell it all today you would earn a total of 0.00 from holding Ankr Network or generate 0.0% return on investment in Ankr Network over 30 days. Ankr Network is related to or competes with XRP, Solana, Polkadot, FTX Token, Avalanche, Chainlink, and Dai. Ankr Network is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Ankr Network Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ankr Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ankr Network's standard deviation. In reality, there are many statistical measures that can use Ankr Network historical prices to predict the future Ankr Network's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ankr Network'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 Ankr Network in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.037.57
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Intrinsic
Valuation
LowReal ValueHigh
0.000.0305287.57
Details
Naive
Forecast
LowNext ValueHigh
0.0004710.0235347.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0296490.034380.039111
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ankr Network. Your research has to be compared to or analyzed against Ankr Network's peers to derive any actionable benefits. When done correctly, Ankr Network'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 Ankr Network.

Ankr Network Backtested Returns

Ankr Network secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that digital coin had -0.18% 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. Ankr Network exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Ankr Network risk adjusted performance of (0.19), and Mean Deviation of 5.64 to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 1.5891, which signifies a somewhat significant risk relative to the market. Let's try to break down what Ankr Network'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, Ankr Network will likely underperform. Even though it is essential to pay attention to Ankr Network 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. Ankr Network exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.71  

Almost perfect reverse predictability

Ankr Network has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Ankr Network time series from 28th of May 2022 to 12th of June 2022 and 12th of June 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 Ankr Network price movement. The serial correlation of -0.71 indicates that around 71.0% of current Ankr Network price fluctuation can be explain by its past prices.
Correlation Coefficient-0.71
Spearman Rank Test-0.18
Residual Average0.0
Price Variance0.0

Ankr Network lagged returns against current returns

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

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

Ankr Network Lagged Returns

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

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

Ankr Network Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Ankr Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ankr Network 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 Ankr Network - 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 Ankr Network to buy it.
The correlation of Ankr Network 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 Ankr Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ankr Network 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 Ankr Network 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, Ankr Network Correlation, Portfolio Optimization, Ankr Network Volatility, as well as analyze Investing Opportunities and Ankr Network Performance. Note that the Ankr Network information on this page should be used as a complementary analysis to other Ankr Network'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Tools for Ankr Network Crypto Coin

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