Polygon Ecosystem Technical Analysis
| POL Crypto | USD 0.62 0.03 4.62% |
As of the 12th of June 2024, Polygon Ecosystem holds the Risk Adjusted Performance of (0.09), variance of 32.76, and Coefficient Of Variation of (618.52). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polygon Ecosystem, as well as the relationship between them.
Polygon Ecosystem Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Polygon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PolygonPolygon |
Polygon Ecosystem technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.
Polygon Ecosystem Token Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Polygon Ecosystem Token volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Polygon Ecosystem Token Trend Analysis
Use this graph to draw trend lines for Polygon Ecosystem Token. You can use it to identify possible trend reversals for Polygon Ecosystem as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Polygon Ecosystem price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Polygon Ecosystem Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Polygon Ecosystem Token applied against its price change over selected period. The best fit line has a slop of 0.0055 , which may suggest that Polygon Ecosystem Token market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.13, which is the sum of squared deviations for the predicted Polygon Ecosystem price change compared to its average price change.About Polygon Ecosystem Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Polygon Ecosystem Token on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Polygon Ecosystem Token based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on Polygon Ecosystem Token price pattern first instead of the macroeconomic environment surrounding Polygon Ecosystem Token. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of Polygon Ecosystem's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to Polygon Ecosystem specific price patterns or momentum indicators.
Polygon Ecosystem June 12, 2024 Technical Indicators
Most technical analysis of Polygon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Polygon from various momentum indicators to cycle indicators. When you analyze Polygon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (4.40) | |||
| Mean Deviation | 3.9 | |||
| Coefficient Of Variation | (618.52) | |||
| Standard Deviation | 5.72 | |||
| Variance | 32.76 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (4.41) | |||
| Maximum Drawdown | 29.75 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 8.59 | |||
| Skewness | (0.46) | |||
| Kurtosis | 2.18 |
Additional Information and Resources on Investing in Polygon Crypto Coin
When determining whether Polygon Ecosystem Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polygon Ecosystem's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polygon Ecosystem Token Crypto.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polygon Ecosystem Token. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.