AST Performance
| AST Crypto | USD 0.10 0 4.38% |
The crypto shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AST's returns are expected to increase less than the market. However, during the bear market, the loss of holding AST is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in AST are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, AST exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | How BNY Mellons SEC approval could reshape crypto custody landscape - Yahoo Finance UK | 09/27/2024 |
AST |
AST Relative Risk vs. Return Landscape
If you would invest 7.92 in AST on August 30, 2024 and sell it today you would earn a total of 2.08 from holding AST or generate 26.26% return on investment over 90 days. AST is generating 0.4977% of daily returns assuming 5.2988% volatility of returns over the 90 days investment horizon. Simply put, 47% of all crypto coins have less volatile historical return distribution than AST, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AST Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AST's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as AST, and traders can use it to determine the average amount a AST'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 = 0.0939
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AST | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.3 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average AST is performing at about 7% 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 AST by adding it to a well-diversified portfolio.
About AST Performance
By analyzing AST's fundamental ratios, stakeholders can gain valuable insights into AST's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AST 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 AST has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AST is peer-to-peer digital currency powered by the Blockchain technology.| AST had very high historical volatility over the last 90 days | |
| AST 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 AST. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.