Bitcoin Cash Performance
| BCH Crypto | USD 526.73 8.29 1.60% |
The crypto shows a Beta (market volatility) of -0.0838, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bitcoin Cash are expected to decrease at a much lower rate. During the bear market, Bitcoin Cash is likely to outperform the market.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Bitcoin Cash are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical indicators, Bitcoin Cash exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Bitcoin |
Bitcoin Cash Relative Risk vs. Return Landscape
If you would invest 30,888 in Bitcoin Cash on September 1, 2024 and sell it today you would earn a total of 20,455 from holding Bitcoin Cash or generate 66.22% return on investment over 90 days. Bitcoin Cash is generating 0.8658% of daily returns assuming 4.0962% volatility of returns over the 90 days investment horizon. Simply put, 36% of all crypto coins have less volatile historical return distribution than Bitcoin Cash, and 83% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bitcoin Cash Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Cash's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bitcoin Cash, and traders can use it to determine the average amount a Bitcoin Cash'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 = 0.2114
| Best Portfolio | Best Equity | |||
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| Small Returns | BCH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.1 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Bitcoin Cash is performing at about 16% 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 Bitcoin Cash by adding it to a well-diversified portfolio.
About Bitcoin Cash Performance
By analyzing Bitcoin Cash's fundamental ratios, stakeholders can gain valuable insights into Bitcoin Cash's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitcoin Cash 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 Bitcoin Cash has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bitcoin Cash is peer-to-peer digital currency powered by the Blockchain technology.| Bitcoin Cash 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 Bitcoin Cash. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.