XWC Market Value

XWC
 Crypto
  

USD 0.033  0.0001  0.30%   

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


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

XWC '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 XWC'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 XWC.
0.00
10/28/2022
No Change 0.00  0.0 
In 31 days
11/27/2022
0.00
If you would invest  0.00  in XWC on October 28, 2022 and sell it all today you would earn a total of 0.00 from holding XWC or generate 0.0% return on investment in XWC over 30 days. XWC is related to or competes with Litecoin, Decred, BCD, and SLS. XWC is peer-to-peer digital currency powered by the Blockchain technology.

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

XWC Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for XWC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XWC's standard deviation. In reality, there are many statistical measures that can use XWC historical prices to predict the future XWC's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of XWC'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 XWC in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.0329.03
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.03187229.03
Details
Naive
Forecast
LowNext ValueHigh
0.0008870.04435629.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0327080.0331310.033569
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as XWC. Your research has to be compared to or analyzed against XWC's peers to derive any actionable benefits. When done correctly, XWC'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 XWC.

XWC Backtested Returns

XWC is abnormally risky given 3 months investment horizon. XWC retains Efficiency (Sharpe Ratio) of 0.0503, which attests that digital coin had 0.0503% of return per unit of volatility over the last 3 months. Our outlook to determining the risk of a crypto is to use both market data as well as coin specific technical data. We are able to interpolate and break down twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use XWC Mean Deviation of 9.16, standard deviation of 29.48, and Market Risk Adjusted Performance of (0.09) to evaluate coin specific risk that cannot be diversified away.
The entity owns a Beta (Systematic Risk) of -6.6689, which attests to a somewhat significant risk relative to the market. Let's try to break down what XWC's beta means in this case. As returns on the market increase, returns on owning XWC are expected to decrease by larger amounts. On the other hand, during market turmoil, XWC is expected to outperform it. Although it is vital to follow XWC existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. Our way in which we are determining future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if XWC expected return of 1.45 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable.

Auto-correlation

    
  0.66  

Good predictability

XWC has good predictability. Overlapping area represents the amount of predictability between XWC time series from 28th of October 2022 to 12th of November 2022 and 12th of November 2022 to 27th of November 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 XWC price movement. The serial correlation of 0.66 indicates that around 66.0% of current XWC price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.78
Residual Average0.0
Price Variance0.0

XWC lagged returns against current returns

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

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

XWC Lagged Returns

When evaluating XWC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XWC crypto coin have on its future price. XWC 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, XWC autocorrelation shows the relationship between XWC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in XWC.
   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 XWC without increasing your portfolio risk or giving up the 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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Check out XWC Correlation, XWC Volatility and Investing Opportunities module to complement your research on XWC. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Tools for XWC Crypto Coin

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