Compound Governance Market Value

COMP
 Crypto
  

USD 66.51  1.46  2.24%   

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


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

Compound Governance '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 Compound Governance'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 Compound Governance.
0.00
07/13/2022
No Change 0.00  0.0 
In 30 days
08/12/2022
0.00
If you would invest  0.00  in Compound Governance on July 13, 2022 and sell it all today you would earn a total of 0.00 from holding Compound Governance Token or generate 0.0% return on investment in Compound Governance over 30 days. Compound Governance is related to or competes with XRP, Solana, Avalanche, Polkadot, FTX Token, Polygon, and Uniswap Protocol. Compound Governance Token is peer-to-peer digital currency powered by the Blockchain technologyMore

Compound Governance 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 Compound Governance'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 Compound Governance Token upside and downside potential and time the market with a certain degree of confidence.

Compound Governance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Compound Governance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compound Governance's standard deviation. In reality, there are many statistical measures that can use Compound Governance historical prices to predict the future Compound Governance's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Compound Governance'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 Compound Governance in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
58.0367.4776.91
Details
Intrinsic
Valuation
LowReal ValueHigh
39.1748.6171.61
Details
Naive
Forecast
LowNext ValueHigh
61.3670.8080.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
47.8556.9366.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Compound Governance. Your research has to be compared to or analyzed against Compound Governance's peers to derive any actionable benefits. When done correctly, Compound Governance'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 Compound Governance Token.

Compound Governance Token Backtested Returns

Compound Governance appears to be abnormally risky, given 3 months investment horizon. Compound Governance Token secures Sharpe Ratio (or Efficiency) of 0.0247, which signifies that digital coin had 0.0247% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a crypto is to use all available market data together with crypto-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Compound Governance Token, which you can use to evaluate the future volatility of coin. Please makes use of Compound Governance's Mean Deviation of 6.9, downside deviation of 9.55, and Risk Adjusted Performance of 0.0552 to double-check if our risk estimates are consistent with your expectations.
The crypto shows a Beta (market volatility) of 2.1477, which signifies a somewhat significant risk relative to the market. Let's try to break down what Compound'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, Compound Governance will likely underperform. Although it is important to respect Compound Governance Token historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any crypto is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Compound Governance Token technical indicators, you can presently evaluate if the expected return of 0.23% will be sustainable into the future.

Auto-correlation

    
  -0.43  

Modest reverse predictability

Compound Governance Token has modest reverse predictability. Overlapping area represents the amount of predictability between Compound Governance time series from 13th of July 2022 to 28th of July 2022 and 28th of July 2022 to 12th 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 Compound Governance Token price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Compound Governance price fluctuation can be explain by its past prices.
Correlation Coefficient-0.43
Spearman Rank Test-0.05
Residual Average0.0
Price Variance13.74

Compound Governance Token lagged returns against current returns

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

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

Compound Governance Lagged Returns

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

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 Compound Governance 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 Compound Governance will appreciate offsetting losses from the drop in the long position's value.

Moving together with Compound Governance

0.84XRPXRPPairCorr
0.88SOLSolanaPairCorr
The ability to find closely correlated positions to Compound Governance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compound Governance 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 Compound Governance - 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 Compound Governance Token to buy it.
The correlation of Compound Governance 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 Compound Governance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compound Governance Token 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 Compound Governance 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, Compound Governance Correlation, Portfolio Optimization, Compound Governance Volatility, as well as analyze Investing Opportunities and Compound Governance Performance. Note that the Compound Governance Token information on this page should be used as a complementary analysis to other Compound Governance'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for Compound Crypto Coin

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