BitMart Token Performance
| BMX Crypto | USD 0.27 0.02 6.90% |
The crypto shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BitMart Token will likely underperform.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days BitMart Token has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Crypto's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for BitMart Token shareholders. ...more
BitMart |
BitMart Token Relative Risk vs. Return Landscape
If you would invest 34.00 in BitMart Token on September 1, 2024 and sell it today you would lose (7.00) from holding BitMart Token or give up 20.59% of portfolio value over 90 days. BitMart Token is producing return of less than zero assuming 6.6908% volatility of returns over the 90 days investment horizon. Simply put, 59% of all crypto coins have less volatile historical return distribution than BitMart Token, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BitMart Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BitMart Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BitMart Token, and traders can use it to determine the average amount a BitMart 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 = -0.0215
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BMX |
Estimated Market Risk
| 6.69 actual daily | 59 59% of assets are less volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BitMart Token is not performing at its full potential. However, 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 BitMart Token by adding BitMart Token to a well-diversified portfolio.
About BitMart Token Performance
By analyzing BitMart Token's fundamental ratios, stakeholders can gain valuable insights into BitMart Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BitMart 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 BitMart Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BitMart Token is peer-to-peer digital currency powered by the Blockchain technology.| BitMart Token generated a negative expected return over the last 90 days | |
| BitMart Token has high historical volatility and very poor performance | |
| BitMart Token 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 BitMart 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.