Band Protocol Performance
| BAND Crypto | USD 1.88 0.11 6.21% |
The crypto shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Band Protocol's returns are expected to increase less than the market. However, during the bear market, the loss of holding Band Protocol is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Band Protocol are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Band Protocol exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Band |
Band Protocol Relative Risk vs. Return Landscape
If you would invest 105.00 in Band Protocol on September 1, 2024 and sell it today you would earn a total of 75.00 from holding Band Protocol or generate 71.43% return on investment over 90 days. Band Protocol is generating 0.9591% of daily returns and assumes 5.0521% volatility on return distribution over the 90 days horizon. Simply put, 44% of crypto coins are less volatile than Band, and 81% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Band Protocol Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Band Protocol's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Band Protocol, and traders can use it to determine the average amount a Band Protocol'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 = 0.1898
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.96 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Band Protocol is performing at about 14% 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 Band Protocol by adding it to a well-diversified portfolio.
About Band Protocol Performance
By analyzing Band Protocol's fundamental ratios, stakeholders can gain valuable insights into Band Protocol's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Band Protocol 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 Band Protocol has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Band Protocol is peer-to-peer digital currency powered by the Blockchain technology.| Band Protocol is way too risky over 90 days horizon | |
| Band Protocol may become a speculative penny crypto | |
| Band Protocol 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 Band Protocol. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.