Celer Network Market Value

CELR
 Crypto
  

USD 0.0222  0.0002  0.89%   

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


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

Celer Network '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 Celer Network'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 Celer Network.
0.00
07/10/2022
No Change 0.00  0.0 
In 30 days
08/09/2022
0.00
If you would invest  0.00  in Celer Network on July 10, 2022 and sell it all today you would earn a total of 0.00 from holding Celer Network or generate 0.0% return on investment in Celer Network over 30 days. Celer Network is related to or competes with XRP, Solana, Avalanche, Polkadot, FTX Token, Polygon, and Uniswap Protocol. Celer Network is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Celer Network Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Celer Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Celer Network's standard deviation. In reality, there are many statistical measures that can use Celer Network historical prices to predict the future Celer Network's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Celer Network'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 Celer Network in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.027.96
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.0161917.96
Details
Naive
Forecast
LowNext ValueHigh
0.0004750.0237577.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0128730.0176140.022355
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Celer Network. Your research has to be compared to or analyzed against Celer Network's peers to derive any actionable benefits. When done correctly, Celer Network'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 Celer Network.

Celer Network Backtested Returns

Celer Network is unreasonably risky given 3 months investment horizon. Celer Network secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that digital coin had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the risk of a crypto is to use both market data as well as coin specific technical data. We were able to break down and interpolate twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Celer Network risk adjusted performance of 0.0045, and Mean Deviation of 6.93 to evaluate coin specific risk that cannot be diversified away.
The crypto shows a Beta (market volatility) of 1.6651, which signifies a somewhat significant risk relative to the market. Let's try to break down what Celer'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, Celer Network will likely underperform. Although it is vital to follow Celer Network historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our philosophy towards foreseeing future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Celer Network expected return of 1.09 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable.

Auto-correlation

    
  0.67  

Good predictability

Celer Network has good predictability. Overlapping area represents the amount of predictability between Celer Network time series from 10th of July 2022 to 25th of July 2022 and 25th of July 2022 to 9th 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 Celer Network price movement. The serial correlation of 0.67 indicates that around 67.0% of current Celer Network price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.8
Residual Average0.0
Price Variance0.0

Celer Network lagged returns against current returns

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

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

Celer Network Lagged Returns

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

Celer Network Investors Sentiment

The influence of Celer Network's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Celer. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Celer Network in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Celer Network's short interest history, or implied volatility extrapolated from Celer Network options trading.

Pair Trading with Celer Network

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

Moving together with Celer Network

0.75XRPXRPPairCorr
0.72SOLSolanaPairCorr
The ability to find closely correlated positions to Celer Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celer Network 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 Celer Network - 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 Celer Network to buy it.
The correlation of Celer Network 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 Celer Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celer Network 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 Celer Network 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, Celer Network Correlation, Portfolio Optimization, Celer Network Volatility, as well as analyze Investing Opportunities and Celer Network Performance. Note that the Celer Network information on this page should be used as a complementary analysis to other Celer Network'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 Celer Crypto Coin

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