Aragon Market Value

ANT
 Crypto
  

USD 1.87  0.01  0.53%   

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


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

Aragon '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 Aragon'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 Aragon.
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 Aragon on May 28, 2022 and sell it all today you would earn a total of 0.00 from holding Aragon or generate 0.0% return on investment in Aragon over 30 days. Aragon is related to or competes with XRP, Solana, Polkadot, FTX Token, Avalanche, Chainlink, and Dai. Aragon is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Aragon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aragon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aragon's standard deviation. In reality, there are many statistical measures that can use Aragon historical prices to predict the future Aragon's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aragon'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 Aragon in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.091.8713.56
Details
Intrinsic
Valuation
LowReal ValueHigh
0.091.8013.49
Details
Naive
Forecast
LowNext ValueHigh
0.03091.5413.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.362.293.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aragon. Your research has to be compared to or analyzed against Aragon's peers to derive any actionable benefits. When done correctly, Aragon'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 Aragon.

Aragon Backtested Returns

Aragon secures Sharpe Ratio (or Efficiency) of -0.0829, which signifies that digital coin had -0.0829% 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. Aragon exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Aragon mean deviation of 7.56, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of -0.5634, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Aragon's beta means in this case. As returns on the market increase, returns on owning Aragon are expected to decrease at a much lower rate. During the bear market, Aragon is likely to outperform the market. Even though it is essential to pay attention to Aragon 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. Aragon exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.62  

Very good reverse predictability

Aragon has very good reverse predictability. Overlapping area represents the amount of predictability between Aragon 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 Aragon price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Aragon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test-0.14
Residual Average0.0
Price Variance0.04

Aragon lagged returns against current returns

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

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

Aragon Lagged Returns

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

Aragon Investors Sentiment

The influence of Aragon'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 Aragon. 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 Aragon 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, Aragon's short interest history, or implied volatility extrapolated from Aragon options trading.

Current Sentiment - ANT

Aragon Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Aragon. What is your sentiment towards investing in Aragon? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Pair Trading with Aragon

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

Aragon Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Aragon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aragon 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 Aragon - 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 Aragon to buy it.
The correlation of Aragon 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 Aragon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aragon 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 Aragon 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, Aragon Correlation, Portfolio Optimization, Aragon Volatility, as well as analyze Investing Opportunities and Aragon Performance. Note that the Aragon information on this page should be used as a complementary analysis to other Aragon'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Tools for Aragon Crypto Coin

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