APL Performance
| APL Crypto | USD 0.000099 0.000045 83.33% |
The crypto shows a Beta (market volatility) of -0.0981, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning APL are expected to decrease at a much lower rate. During the bear market, APL is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days APL has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound essential indicators, APL is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
APL |
APL Relative Risk vs. Return Landscape
If you would invest 0.01 in APL on September 1, 2024 and sell it today you would lose 0.00 from holding APL or give up 28.78% of portfolio value over 90 days. APL is generating 0.0538% of daily returns assuming 12.0189% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than APL on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
APL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for APL's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as APL, and traders can use it to determine the average amount a APL'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 = 0.0045
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| Cash | Small Risk | Average Risk | High Risk | APL |
| Negative Returns |
Estimated Market Risk
| 12.02 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average APL is not performing at its full potential. However, 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 APL by adding APL to a well-diversified portfolio.
About APL Performance
By analyzing APL's fundamental ratios, stakeholders can gain valuable insights into APL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if APL 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 APL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
APL is peer-to-peer digital currency powered by the Blockchain technology.| APL had very high historical volatility over the last 90 days | |
| APL has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APL. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.