Bifrost Performance

BFC Crypto  USD 0.05  0.0004  0.75%   
The crypto shows a Beta (market volatility) of 1.1, which signifies a somewhat significant risk relative to the market. Bifrost returns are very sensitive to returns on the market. As the market goes up or down, Bifrost is expected to follow.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Bifrost are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Bifrost exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
  

Bifrost Relative Risk vs. Return Landscape

If you would invest  3.67  in Bifrost on September 1, 2024 and sell it today you would earn a total of  1.74  from holding Bifrost or generate 47.41% return on investment over 90 days. Bifrost is generating 0.6541% of daily returns assuming 3.366% volatility of returns over the 90 days investment horizon. Simply put, 29% of all crypto coins have less volatile historical return distribution than Bifrost, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Bifrost is expected to generate 4.49 times more return on investment than the market. However, the company is 4.49 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.2 per unit of risk.

Bifrost Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bifrost's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bifrost, and traders can use it to determine the average amount a Bifrost'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 = 0.1943

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Estimated Market Risk

 3.37
  actual daily
30
70% of assets are more volatile

Expected Return

 0.65
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Bifrost is performing at about 15% 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 Bifrost by adding it to a well-diversified portfolio.

About Bifrost Performance

By analyzing Bifrost's fundamental ratios, stakeholders can gain valuable insights into Bifrost's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bifrost 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 Bifrost has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bifrost is peer-to-peer digital currency powered by the Blockchain technology.
Bifrost has some characteristics of a very speculative cryptocurrency
Bifrost appears to be risky and price may revert if volatility continues
When determining whether Bifrost offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bifrost's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bifrost Crypto.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bifrost. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between Bifrost's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Bifrost value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Bifrost's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.