Bitget Token Performance
| BGB Crypto | USD 1.61 0.02 1.23% |
The crypto shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bitget Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bitget Token is expected to be smaller as well.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Bitget token are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental drivers, Bitget Token exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Bitget |
Bitget Token Relative Risk vs. Return Landscape
If you would invest 96.00 in Bitget token on September 1, 2024 and sell it today you would earn a total of 66.00 from holding Bitget token or generate 68.75% return on investment over 90 days. Bitget token is generating 0.8445% of daily returns assuming 2.7438% volatility of returns over the 90 days investment horizon. Simply put, 24% of all crypto coins have less volatile historical return distribution than Bitget Token, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Bitget Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitget Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bitget token, and traders can use it to determine the average amount a Bitget Token'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 = 0.3078
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Bitget Token is performing at about 24% 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 Bitget Token by adding it to a well-diversified portfolio.
About Bitget Token Performance
By analyzing Bitget Token's fundamental ratios, stakeholders can gain valuable insights into Bitget Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitget Token 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 Bitget Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bitget token is peer-to-peer digital currency powered by the Blockchain technology.| Bitget token may become a speculative penny crypto |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitget token. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..