Ardor Market Value

ARDR -  USA Crypto  

USD 0.10  0.0024  2.46%

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


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

Ardor '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 Ardor'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 Ardor.
0.00
05/26/2022
No Change 0.00  0.0 
In 31 days
06/25/2022
0.00
If you would invest  0.00  in Ardor on May 26, 2022 and sell it all today you would earn a total of 0.00 from holding Ardor or generate 0.0% return on investment in Ardor over 30 days. Ardor is related to or competes with XRP, Solana, Cardano, Polkadot, FTX Token, Avalanche, and Chainlink. Ardor is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Ardor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ardor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ardor's standard deviation. In reality, there are many statistical measures that can use Ardor historical prices to predict the future Ardor's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ardor'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 Ardor in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.097.74
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.17.75
Details
Naive
Forecast
LowNext ValueHigh
0.0013830.077.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.080.110.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ardor. Your research has to be compared to or analyzed against Ardor's peers to derive any actionable benefits. When done correctly, Ardor'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 Ardor.

Ardor Backtested Returns

Ardor secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that digital coin had -0.13% 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. Ardor exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Ardor risk adjusted performance of (0.14), and Mean Deviation of 5.74 to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 1.7906, which signifies a somewhat significant risk relative to the market. Let's try to break down what Ardor'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, Ardor will likely underperform. Even though it is essential to pay attention to Ardor 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. Ardor exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.29  

Weak reverse predictability

Ardor has weak reverse predictability. Overlapping area represents the amount of predictability between Ardor time series from 26th of May 2022 to 10th of June 2022 and 10th of June 2022 to 25th 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 Ardor price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Ardor price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test0.48
Residual Average0.0
Price Variance0.0

Ardor lagged returns against current returns

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

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

Ardor Lagged Returns

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

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Pair Trading with Ardor

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

Ardor Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Ardor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ardor 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 Ardor - 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 Ardor to buy it.
The correlation of Ardor 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 Ardor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ardor 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 Ardor 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, Ardor Correlation, Portfolio Optimization, Ardor Volatility, as well as analyze Investing Opportunities and Ardor Performance. Note that the Ardor information on this page should be used as a complementary analysis to other Ardor'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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Tools for Ardor Crypto Coin

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