Band Protocol Market Value

BAND
 Crypto
  

USD 1.37  0.02  1.48%   

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


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

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

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

Band Protocol Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Band Protocol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Band Protocol's standard deviation. In reality, there are many statistical measures that can use Band Protocol historical prices to predict the future Band Protocol's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Band Protocol'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 Band Protocol in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.071.359.87
Details
Intrinsic
Valuation
LowReal ValueHigh
0.061.309.82
Details
Naive
Forecast
LowNext ValueHigh
0.0222931.119.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.181.551.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Band Protocol. Your research has to be compared to or analyzed against Band Protocol's peers to derive any actionable benefits. When done correctly, Band Protocol'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 Band Protocol.

Band Protocol Backtested Returns

Band Protocol secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that digital coin had -0.21% 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. Band Protocol exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Band Protocol risk adjusted performance of (0.25), and Mean Deviation of 6.71 to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 1.5926, which signifies a somewhat significant risk relative to the market. Let's try to break down what Band Protocol'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, Band Protocol will likely underperform. Even though it is essential to pay attention to Band Protocol 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. Band Protocol exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.76  

Good predictability

Band Protocol has good predictability. Overlapping area represents the amount of predictability between Band Protocol time series from 31st of May 2022 to 15th of June 2022 and 15th of June 2022 to 30th 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 Band Protocol price movement. The serial correlation of 0.76 indicates that around 76.0% of current Band Protocol price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test-0.65
Residual Average0.0
Price Variance0.01

Band Protocol lagged returns against current returns

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

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

Band Protocol Lagged Returns

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

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

Band Protocol Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Band Protocol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Band Protocol 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 Band Protocol - 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 Band Protocol to buy it.
The correlation of Band Protocol 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 Band Protocol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Band Protocol 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 Band Protocol 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, Band Protocol Correlation, Portfolio Optimization, Band Protocol Volatility, as well as analyze Investing Opportunities and Band Protocol Performance. Note that the Band Protocol information on this page should be used as a complementary analysis to other Band Protocol'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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Tools for Band Protocol Crypto Coin

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