Golem Network Financials
| GLM Crypto | USD 0.50 0.03 6.38% |
Golem |
Please note, the presentation of Golem Network's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Golem Network's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Golem Network's management manipulating its earnings.
Golem Network Crypto Summary
Golem Network competes with XRP, Solana, Staked Ether, Sui, and Toncoin. Golem Network Token is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Golem Network Token Systematic Risk
Golem Network's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Golem Network volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Golem Network Token correlated with the market. If Beta is less than 0 Golem Network generally moves in the opposite direction as compared to the market. If Golem Network Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Golem Network Token is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Golem Network is generally in the same direction as the market. If Beta > 1 Golem Network moves generally in the same direction as, but more than the movement of the benchmark.
Golem Network November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Golem Network help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Golem Network Token. We use our internally-developed statistical techniques to arrive at the intrinsic value of Golem Network Token based on widely used predictive technical indicators. In general, we focus on analyzing Golem Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Golem Network's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.12 | |||
| Information Ratio | 0.1456 | |||
| Maximum Drawdown | 33.03 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 10.71 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golem Network 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.