Celer Network Market Value

CELR
 Crypto
  

USD 0.0157  0.0001  0.64%   

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
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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
05/31/2022
No Change 0.00  0.0 
In 30 days
06/30/2022
0.00
If you would invest  0.00  in Celer Network on May 31, 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, Polkadot, FTX Token, Avalanche, Dai, and Chainlink. 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
0.000.0210.03
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Intrinsic
Valuation
LowReal ValueHigh
0.000.01497610.02
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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 secures Sharpe Ratio (or Efficiency) of -0.0124, which signifies that digital coin had -0.0124% of return per unit of risk over the last month. 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. Celer Network exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Celer Network mean deviation of 7.29, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 3.4882, 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. Even though it is essential to pay attention to Celer Network 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. Celer Network exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.18  

Insignificant reverse predictability

Celer Network has insignificant reverse predictability. Overlapping area represents the amount of predictability between Celer Network 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 Celer Network price movement. The serial correlation of -0.18 indicates that over 18.0% of current Celer Network price fluctuation can be explain by its past prices.
Correlation Coefficient-0.18
Spearman Rank Test-0.54
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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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 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Celer Network 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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Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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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.

Celer Network Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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