Bitcoin Cash Market Value

BCH
 Crypto
  

USD 106.44  5.12  5.05%   

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


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

Bitcoin Cash '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 Bitcoin Cash'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 Bitcoin Cash.
0.00
05/05/2022
No Change 0.00  0.0 
In 2 months and 2 days
07/04/2022
0.00
If you would invest  0.00  in Bitcoin Cash on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding Bitcoin Cash or generate 0.0% return on investment in Bitcoin Cash over 60 days. Bitcoin Cash is related to or competes with Bitcoin, Ethereum, Litecoin, Monero, Bitcoin SV, IOTA, and ZCash. Bitcoin Cash is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Bitcoin Cash Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Cash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bitcoin Cash's standard deviation. In reality, there are many statistical measures that can use Bitcoin Cash historical prices to predict the future Bitcoin Cash's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bitcoin Cash'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 Bitcoin Cash in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
100.43106.44112.45
Details
Intrinsic
Valuation
LowReal ValueHigh
96.17102.18108.19
Details
Naive
Forecast
LowNext ValueHigh
117.94123.95129.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
60.24182.32304.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bitcoin Cash. Your research has to be compared to or analyzed against Bitcoin Cash's peers to derive any actionable benefits. When done correctly, Bitcoin Cash'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 Bitcoin Cash.

Bitcoin Cash Backtested Returns

Bitcoin Cash secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that digital coin had -0.26% 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. Bitcoin Cash exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bitcoin Cash mean deviation of 4.41, and Risk Adjusted Performance of (0.39) to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 0.6928, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Bitcoin's beta means in this case. As returns on the market increase, Bitcoin Cash returns are expected to increase less than the market. However, during the bear market, the loss on holding Bitcoin Cash will be expected to be smaller as well. Even though it is essential to pay attention to Bitcoin Cash 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. Bitcoin Cash exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.78  

Good predictability

Bitcoin Cash has good predictability. Overlapping area represents the amount of predictability between Bitcoin Cash time series from 5th of May 2022 to 4th of June 2022 and 4th of June 2022 to 4th of July 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 Bitcoin Cash price movement. The serial correlation of 0.78 indicates that around 78.0% of current Bitcoin Cash price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.58
Residual Average0.0
Price Variance696.75

Bitcoin Cash lagged returns against current returns

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

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

Bitcoin Cash Lagged Returns

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

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

Bitcoin Cash Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Bitcoin Cash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitcoin Cash 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 Bitcoin Cash - 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 Bitcoin Cash to buy it.
The correlation of Bitcoin Cash 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 Bitcoin Cash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitcoin Cash 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 Bitcoin Cash 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, Bitcoin Cash Correlation, Portfolio Optimization, Bitcoin Cash Volatility, as well as analyze Investing Opportunities and Bitcoin Cash Performance. Note that the Bitcoin Cash information on this page should be used as a complementary analysis to other Bitcoin Cash'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Tools for Bitcoin Crypto Coin

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