HEMI -3699.83% in 1 Year Amid Sharp Short-Term Downturn

On OCT 4 2025, HEMI dropped by 623.38% within 24 hours to reach $3.61, HEMI dropped by 295.7% within 7 days, dropped by 767.26% within 1 month, and dropped by 3699.83% within 1 year.

The asset has experienced a severe and rapid depreciation in value, with the most dramatic decline occurring within a 24-hour period. This movement reflects a broader and sustained deterioration in the asset’s price over the past year. The data indicates that HEMI’s performance has been consistently negative, with a 295.7% drop over the last week and a 767.26% drop over the last month. These figures suggest an underlying structural issue, possibly linked to market sentiment, liquidity constraints, or fundamental shifts in the asset’s value proposition.

Analysts project that the downward trend may persist in the short to medium term, given the magnitude and velocity of the recent price drops. The absence of any significant rebounds or stabilizing factors in the data implies a weak near-term outlook. However, it remains unclear whether this represents a temporary market correction or a more permanent devaluation of the asset.

Backtest Hypothesis

A backtesting strategy has been formulated to evaluate potential trading approaches in light of HEMI’s performance history. The strategy is designed around key technical indicators, aiming to identify optimal entry and exit points based on historical price movements. The hypothesis underpinning the strategy is that a rules-based approach—using moving averages, relative strength index (RSI), and volume signals—may have generated a more favorable risk-reward profile compared to a buy-and-hold strategy. By simulating trades according to these indicators, the strategy aims to assess whether early identification of downtrends could have mitigated losses or generated profits during the asset’s recent collapse. This method offers a structured way to analyze whether a proactive approach might have been more effective than passive exposure to the asset’s volatility.