Audius Market Value

AUDIO -  USA Crypto  

USD 0.37  0.03  8.82%

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


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

Audius '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 Audius' 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 Audius.
0.00
04/26/2022
No Change 0.00  0.0 
In 2 months and 1 day
06/25/2022
0.00
If you would invest  0.00  in Audius on April 26, 2022 and sell it all today you would earn a total of 0.00 from holding Audius or generate 0.0% return on investment in Audius over 60 days. Audius is related to or competes with XRP, Solana, Polkadot, FTX Token, Avalanche, Chainlink, and Stellar. Audius is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Audius Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Audius' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Audius' standard deviation. In reality, there are many statistical measures that can use Audius historical prices to predict the future Audius' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Audius' 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 Audius in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.020.3410.89
Details
Intrinsic
Valuation
LowReal ValueHigh
0.020.3610.91
Details
Naive
Forecast
LowNext ValueHigh
0.0044470.2210.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.280.380.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Audius. Your research has to be compared to or analyzed against Audius' peers to derive any actionable benefits. When done correctly, Audius' 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 Audius.

Audius Backtested Returns

Audius secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that digital coin had -0.11% 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. Audius exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Audius risk adjusted performance of (0.13), and Mean Deviation of 8.18 to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 0.368, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Audius's beta means in this case. As returns on the market increase, Audius returns are expected to increase less than the market. However, during the bear market, the loss on holding Audius will be expected to be smaller as well. Even though it is essential to pay attention to Audius 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. Audius exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.62  

Good predictability

Audius has good predictability. Overlapping area represents the amount of predictability between Audius time series from 26th of April 2022 to 26th of May 2022 and 26th of May 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 Audius price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Audius price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.0

Audius lagged returns against current returns

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

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

Audius Lagged Returns

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

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Pair Trading with Audius

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

Audius Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Audius could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Audius 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 Audius - 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 Audius to buy it.
The correlation of Audius 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 Audius moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Audius 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 Audius 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, Audius Correlation, Portfolio Optimization, Audius Volatility, as well as analyze Investing Opportunities and Audius Performance. Note that the Audius information on this page should be used as a complementary analysis to other Audius' 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for Audius Crypto Coin

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