Internet Computer Market Value

ICP
 Crypto
  

USD 4.17  0.21  4.79%   

Internet Computer's market value is the price at which a share of Internet Computer stock trades on a public exchange. It measures the collective expectations of Internet Computer investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Internet Computer and determine expected loss or profit from investing in Internet Computer over a given investment horizon. Please see Internet Computer Correlation, Internet Computer Volatility and Investing Opportunities module to complement your research on Internet Computer.
Symbol


Please note, there is a significant difference between Internet Computer's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Internet Computer value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Internet Computer's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.

Internet Computer '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 Internet Computer'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 Internet Computer.
0.00
02/15/2021
No Change 0.00  0.0 
In 1 year 9 months and 23 days
12/07/2022
0.00
If you would invest  0.00  in Internet Computer on February 15, 2021 and sell it all today you would earn a total of 0.00 from holding Internet Computer or generate 0.0% return on investment in Internet Computer over 660 days. Internet Computer is related to or competes with Ethereum, XRP, Cardano, Polygon, Solana, Chainlink, and Polkadot. Internet Computer is peer-to-peer digital currency powered by the Blockchain technology.

Internet Computer 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 Internet Computer'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 Internet Computer upside and downside potential and time the market with a certain degree of confidence.

Internet Computer Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Internet Computer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Internet Computer's standard deviation. In reality, there are many statistical measures that can use Internet Computer historical prices to predict the future Internet Computer's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Internet Computer'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 Internet Computer in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.224.389.58
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Intrinsic
Valuation
LowReal ValueHigh
0.203.949.14
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Internet Computer. Your research has to be compared to or analyzed against Internet Computer's peers to derive any actionable benefits. When done correctly, Internet Computer'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 Internet Computer.

Internet Computer Backtested Returns

Internet Computer holds Efficiency (Sharpe) Ratio of -0.13, which attests that digital coin had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining 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. Internet Computer exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Internet Computer risk adjusted performance of (0.12), and Market Risk Adjusted Performance of 1.22 to validate the risk estimate we provide.
The crypto retains a Market Volatility (i.e., Beta) of -0.3788, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Internet's beta means in this case. As returns on the market increase, returns on owning Internet Computer are expected to decrease at a much lower rate. During the bear market, Internet Computer is likely to outperform the market. Even though it is essential to pay attention to Internet Computer current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining 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. Internet Computer exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.55  

Modest predictability

Internet Computer has modest predictability. Overlapping area represents the amount of predictability between Internet Computer time series from 15th of February 2021 to 11th of January 2022 and 11th of January 2022 to 7th of December 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 Internet Computer price movement. The serial correlation of 0.55 indicates that about 55.0% of current Internet Computer price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.31
Residual Average0.0
Price Variance17.22

Internet Computer lagged returns against current returns

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

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

Internet Computer Lagged Returns

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

Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Internet Computer in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Internet Computer using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please see Internet Computer Correlation, Internet Computer Volatility and Investing Opportunities module to complement your research on Internet Computer. Note that the Internet Computer information on this page should be used as a complementary analysis to other Internet Computer'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

Other Tools for Internet Crypto Coin

When running Internet Computer price analysis, check to measure Internet Computer's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Internet Computer is operating at the current time. Most of Internet Computer's value examination focuses on studying past and present price actions to predict the probability of Internet Computer's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Internet Computer's coin price. Additionally, you may evaluate how adding Internet Computer to your portfolios can decrease your overall portfolio volatility.
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