WhiteBIT Token Performance
| WBT Crypto | USD 23.48 0.10 0.42% |
The entity maintains a market beta of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WhiteBIT Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding WhiteBIT Token is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in WhiteBIT Token are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, WhiteBIT Token exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
WhiteBIT |
WhiteBIT Token Relative Risk vs. Return Landscape
If you would invest 1,081 in WhiteBIT Token on September 1, 2024 and sell it today you would earn a total of 1,267 from holding WhiteBIT Token or generate 117.21% return on investment over 90 days. WhiteBIT Token is generating 1.2778% of daily returns assuming 4.2494% volatility of returns over the 90 days investment horizon. Simply put, 37% of all crypto coins have less volatile historical return distribution than WhiteBIT Token, and 75% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WhiteBIT Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WhiteBIT Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as WhiteBIT Token, and traders can use it to determine the average amount a WhiteBIT Token'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 = 0.3007
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Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| 1.28 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average WhiteBIT Token is performing at about 23% 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 WhiteBIT Token by adding it to a well-diversified portfolio.
About WhiteBIT Token Performance
By analyzing WhiteBIT Token's fundamental ratios, stakeholders can gain valuable insights into WhiteBIT Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WhiteBIT Token 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 WhiteBIT Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
WhiteBIT Token is peer-to-peer digital currency powered by the Blockchain technology.| WhiteBIT Token appears to be risky and price may revert if volatility continues |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteBIT 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.