BakeryToken Market Value

BAKE
 Crypto
  

USD 0.36  0.03  9.09%   

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


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

BakeryToken '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 BakeryToken'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 BakeryToken.
0.00
08/20/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/10/2022
0.00
If you would invest  0.00  in BakeryToken on August 20, 2020 and sell it all today you would earn a total of 0.00 from holding BakeryToken or generate 0.0% return on investment in BakeryToken over 720 days. BakeryToken is related to or competes with Binance Coin, Polkadot, FTX Token, Polygon, Uniswap Protocol, Chainlink, and Optimism. BakeryToken is peer-to-peer digital currency powered by the Blockchain technologyMore

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

BakeryToken Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BakeryToken's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BakeryToken's standard deviation. In reality, there are many statistical measures that can use BakeryToken historical prices to predict the future BakeryToken's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BakeryToken'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 BakeryToken in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.020.338.86
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Intrinsic
Valuation
LowReal ValueHigh
0.010.268.79
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Naive
Forecast
LowNext ValueHigh
0.0071510.368.88
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.260.310.37
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as BakeryToken. Your research has to be compared to or analyzed against BakeryToken's peers to derive any actionable benefits. When done correctly, BakeryToken'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 BakeryToken.

BakeryToken Backtested Returns

BakeryToken appears to be exceptionally volatile, given 3 months investment horizon. BakeryToken secures Sharpe Ratio (or Efficiency) of 0.086, which signifies that digital coin had 0.086% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a crypto is to use all available market data together with crypto-specific technical indicators that cannot be diversified away. By analyzing BakeryToken technical indicators you can presently evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of BakeryToken's Downside Deviation of 12.75, mean deviation of 7.16, and Risk Adjusted Performance of 0.0352 to double-check if our risk estimates are consistent with your expectations.
The crypto shows a Beta (market volatility) of 0.921, which signifies possible diversification benefits within a given portfolio. Let's try to break down what BakeryToken's beta means in this case. BakeryToken returns are very sensitive to returns on the market. As the market goes up or down, BakeryToken is expected to follow. Although it is vital to follow BakeryToken historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any crypto is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for BakeryToken, which you can use to evaluate the performance of the entity.

Auto-correlation

    
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No correlation between past and present

BakeryToken has no correlation between past and present. Overlapping area represents the amount of predictability between BakeryToken time series from 20th of August 2020 to 15th of August 2021 and 15th of August 2021 to 10th of August 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 BakeryToken price movement. The serial correlation of 0.0 indicates that just 0.0% of current BakeryToken price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

BakeryToken lagged returns against current returns

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

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

BakeryToken Lagged Returns

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

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

Moving together with BakeryToken

0.72BNBBinance CoinPairCorr
The ability to find closely correlated positions to BakeryToken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BakeryToken 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 BakeryToken - 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 BakeryToken to buy it.
The correlation of BakeryToken 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 BakeryToken moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BakeryToken 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 BakeryToken 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
Continue to Bitcoin Browser, BakeryToken Correlation, Portfolio Optimization, BakeryToken Volatility, as well as analyze Investing Opportunities and BakeryToken Performance. Note that the BakeryToken information on this page should be used as a complementary analysis to other BakeryToken'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 BakeryToken Crypto Coin

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