XRP Market Value

XRP
 Crypto
  

USD 0.38  0.0247  6.95%   

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


Please note, there is a significant difference between XRP's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine XRP 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, XRP's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.

XRP '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 XRP'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 XRP.
0.00
10/06/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
09/26/2022
0.00
If you would invest  0.00  in XRP on October 6, 2020 and sell it all today you would earn a total of 0.00 from holding XRP or generate 0.0% return on investment in XRP over 720 days. XRP is related to or competes with Solana, Polkadot, Chainlink, FTX Token, Avalanche, Dai, and ApeCoin. XRP is peer-to-peer digital currency powered by the Blockchain technology.

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

XRP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for XRP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XRP's standard deviation. In reality, there are many statistical measures that can use XRP historical prices to predict the future XRP's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of XRP'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 XRP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.020.384.16
Details
Intrinsic
Valuation
LowReal ValueHigh
0.020.314.09
Details
Naive
Forecast
LowNext ValueHigh
0.0078530.394.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.310.340.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as XRP. Your research has to be compared to or analyzed against XRP's peers to derive any actionable benefits. When done correctly, XRP'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 XRP.

XRP Backtested Returns

XRP appears to be very volatile, given 3 months investment horizon. XRP shows Sharpe Ratio of 0.0811, which attests that digital coin had 0.0811% of return per unit of standard deviation over the last 3 months. Our standpoint towards determining 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 XRP, which you can use to evaluate the future volatility of coin. Please utilize XRP's Downside Deviation of 5.62, risk adjusted performance of 0.117, and Mean Deviation of 2.97 to validate if our risk estimates are consistent with your expectations.
The entity maintains a market beta of -1.0969, which attests to a somewhat significant risk relative to the market. Let's try to break down what XRP's beta means in this case. As the market becomes more bullish, returns on owning XRP are expected to decrease slowly. On the other hand, during market turmoil, XRP is expected to outperform it slightly. Although it is vital to follow XRP historical price patterns, it is good to be conservative about what you can do with the information regarding equity current price history. The philosophy towards determining 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 XRP technical indicators, you can currently evaluate if the expected return of 0.31% will be sustainable into the future.

Auto-correlation

    
  0.00  

No correlation between past and present

XRP has no correlation between past and present. Overlapping area represents the amount of predictability between XRP time series from 6th of October 2020 to 1st of October 2021 and 1st of October 2021 to 26th of September 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 XRP price movement. The serial correlation of 0.0 indicates that just 0.0% of current XRP price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

XRP lagged returns against current returns

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

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

XRP Lagged Returns

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

XRP Investors Sentiment

The influence of XRP'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 XRP. The overall investor sentiment generally increases the direction of a crypto movement in a one-year investment horizon. However, the impact of investor sentiment on the entire crypto markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to XRP's public news can be used to forecast risks associated with investment in XRP. The trend in average sentiment can be used to explain how an investor holding XRP can time the market purely based on public headlines and social activities around XRP. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
XRP's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for XRP's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average XRP's news discussions. The higher the estimated score, the more favorable is the investor's outlook on XRP.
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 XRP 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out XRP Correlation, XRP Volatility and Investing Opportunities module to complement your research on XRP. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for XRP Crypto Coin

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