Chainlink Market Value

LINK
 Crypto
  

USD 7.88  0.02  0.25%   

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


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

Chainlink '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 Chainlink'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 Chainlink.
0.00
08/17/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/07/2022
0.00
If you would invest  0.00  in Chainlink on August 17, 2020 and sell it all today you would earn a total of 0.00 from holding Chainlink or generate 0.0% return on investment in Chainlink over 720 days. Chainlink is related to or competes with XRP, Solana, Polkadot, Avalanche, FTX Token, Polygon, and Uniswap Protocol. Chainlink is peer-to-peer digital currency powered by the Blockchain technologyMore

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

Chainlink Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chainlink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chainlink's standard deviation. In reality, there are many statistical measures that can use Chainlink historical prices to predict the future Chainlink's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Chainlink'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 Chainlink in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.637.8515.07
Details
Intrinsic
Valuation
LowReal ValueHigh
0.326.4913.71
Details
Naive
Forecast
LowNext ValueHigh
0.217.4414.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.967.088.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chainlink. Your research has to be compared to or analyzed against Chainlink's peers to derive any actionable benefits. When done correctly, Chainlink'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 Chainlink.

Chainlink Backtested Returns

We consider Chainlink unreasonably risky. Chainlink secures Sharpe Ratio (or Efficiency) of 0.0177, which signifies that digital coin had 0.0177% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Chainlink, which you can use to evaluate the future volatility of coin. Please confirm Chainlink mean deviation of 5.77, and Risk Adjusted Performance of (0.012522) to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
The crypto shows a Beta (market volatility) of -0.3418, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Chainlink's beta means in this case. As returns on the market increase, returns on owning Chainlink are expected to decrease at a much lower rate. During the bear market, Chainlink is likely to outperform the market. Although it is important to respect Chainlink historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 Chainlink technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future.

Auto-correlation

    
  0.00  

No correlation between past and present

Chainlink has no correlation between past and present. Overlapping area represents the amount of predictability between Chainlink time series from 17th of August 2020 to 12th of August 2021 and 12th of August 2021 to 7th 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 Chainlink price movement. The serial correlation of 0.0 indicates that just 0.0% of current Chainlink price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Chainlink lagged returns against current returns

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

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

Chainlink Lagged Returns

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

Chainlink Investors Sentiment

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Chainlink 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.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Bitcoin Browser, Chainlink Correlation, Portfolio Optimization, Chainlink Volatility, as well as analyze Investing Opportunities and Chainlink Performance. Note that the Chainlink information on this page should be used as a complementary analysis to other Chainlink'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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Tools for Chainlink Crypto Coin

When running Chainlink price analysis, check to measure Chainlink'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 Chainlink is operating at the current time. Most of Chainlink's value examination focuses on studying past and present price action to predict the probability of Chainlink's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chainlink's price. Additionally, you may evaluate how the addition of Chainlink to your portfolios can decrease your overall portfolio volatility.
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go