AVT Performance
| AVT Crypto | USD 2.74 0.06 2.14% |
The crypto shows a Beta (market volatility) of 1.42, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AVT will likely underperform.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in AVT are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, AVT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
AVT |
AVT Relative Risk vs. Return Landscape
If you would invest 201.00 in AVT on August 30, 2024 and sell it today you would earn a total of 73.00 from holding AVT or generate 36.32% return on investment over 90 days. AVT is generating 0.646% of daily returns assuming 5.8595% volatility of returns over the 90 days investment horizon. Simply put, 52% of all crypto coins have less volatile historical return distribution than AVT, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AVT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as AVT, and traders can use it to determine the average amount a AVT's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1102
| Best Portfolio | Best Equity | |||
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| Small Returns | AVT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.86 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average AVT is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AVT by adding it to a well-diversified portfolio.
About AVT Performance
By analyzing AVT's fundamental ratios, stakeholders can gain valuable insights into AVT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AVT has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if AVT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AVT is peer-to-peer digital currency powered by the Blockchain technology.| AVT is way too risky over 90 days horizon | |
| AVT appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AVT. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.