COCOS BCX Market Value

COCOS
  

USD 0.50  0.01  1.96%   

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


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

COCOS BCX '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 COCOS BCX'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 COCOS BCX.
0.00
05/02/2022
No Change 0.00  0.0 
In 2 months and 2 days
07/01/2022
0.00
If you would invest  0.00  in COCOS BCX on May 2, 2022 and sell it all today you would earn a total of 0.00 from holding COCOS BCX or generate 0.0% return on investment in COCOS BCX over 60 days. COCOS BCX is related to or competes with XRP, Solana, Polkadot, FTX Token, Avalanche, Dai, and Chainlink. COCOS BCX is peer-to-peer digital currency powered by the Blockchain technologyMore

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

COCOS BCX Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for COCOS BCX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COCOS BCX's standard deviation. In reality, there are many statistical measures that can use COCOS BCX historical prices to predict the future COCOS BCX's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of COCOS BCX'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 COCOS BCX in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.030.5075.50
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Intrinsic
Valuation
LowReal ValueHigh
0.020.4875.48
Details
Naive
Forecast
LowNext ValueHigh
0.014120.71433.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.260.300.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as COCOS BCX. Your research has to be compared to or analyzed against COCOS BCX's peers to derive any actionable benefits. When done correctly, COCOS BCX'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 COCOS BCX.

COCOS BCX Backtested Returns

COCOS BCX is abnormally risky given 3 months investment horizon. COCOS BCX retains Efficiency (Sharpe Ratio) of 0.46, which signifies that digital coin had 0.46% of return per unit of risk over the last 3 months. Our philosophy in foreseeing the volatility of a crypto is to use COCOS BCX market data together with coin specific technical indicators. We were able to break down and interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 200.28% are justified by taking the suggested risk. Use COCOS BCX standard deviation of 56739.75, and Market Risk Adjusted Performance of (39.62) to evaluate coin specific risk that cannot be diversified away.
The crypto owns a Beta (Systematic Risk) of -705.3565, which signifies a somewhat significant risk relative to the market. Let's try to break down what COCOS's beta means in this case. As returns on the market increase, returns on owning COCOS BCX are expected to decrease by larger amounts. On the other hand, during market turmoil, COCOS BCX is expected to outperform it. Although it is essential to pay attention to COCOS BCX existing price patterns, it is also good to be reasonable about what you can do with equity price patterns. Our philosophy in foreseeing future potential of any crypto is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if COCOS BCX expected return of 200.28 will be sustainable into the future, we have found twenty different technical indicators, which can help you to check if the expected returns are sustainable.

Auto-correlation

    
  0.03  

Virtually no predictability

COCOS BCX has virtually no predictability. Overlapping area represents the amount of predictability between COCOS BCX time series from 2nd of May 2022 to 1st of June 2022 and 1st of June 2022 to 1st 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 COCOS BCX price movement. The serial correlation of 0.03 indicates that only 3.0% of current COCOS BCX price fluctuation can be explain by its past prices.
Correlation Coefficient0.03
Spearman Rank Test0.47
Residual Average0.0
Price Variance0.09

COCOS BCX lagged returns against current returns

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

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

COCOS BCX Lagged Returns

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

COCOS BCX Investors Sentiment

The influence of COCOS BCX'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 COCOS. 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 COCOS BCX 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, COCOS BCX's short interest history, or implied volatility extrapolated from COCOS BCX options trading.

Current Sentiment - COCOS

COCOS BCX Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in COCOS BCX. What is your opinion about investing in COCOS BCX? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Pair Trading with COCOS BCX

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

COCOS BCX Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to COCOS BCX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace COCOS BCX 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 COCOS BCX - 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 COCOS BCX to buy it.
The correlation of COCOS BCX 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 COCOS BCX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if COCOS BCX 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 COCOS BCX 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, COCOS BCX Correlation, Portfolio Optimization, COCOS BCX Volatility, as well as analyze Investing Opportunities and COCOS BCX Performance. Note that the COCOS BCX information on this page should be used as a complementary analysis to other COCOS BCX'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Tools for COCOS Crypto Coin

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