Chainlink Performance
| LINK Crypto | USD 19.01 0.75 4.11% |
The crypto shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Chainlink returns are very sensitive to returns on the market. As the market goes up or down, Chainlink is expected to follow.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Chainlink are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Chainlink exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Logan Paul Trolls The BBC By Sending Lookalike To Answer Questions About His Crypto Dealings - Deadline | 11/20/2024 |
Chainlink |
Chainlink Relative Risk vs. Return Landscape
If you would invest 1,031 in Chainlink on September 1, 2024 and sell it today you would earn a total of 870.00 from holding Chainlink or generate 84.38% return on investment over 90 days. Chainlink is generating 1.0495% of daily returns and assumes 4.5818% volatility on return distribution over the 90 days horizon. Simply put, 40% of crypto coins are less volatile than Chainlink, and 80% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Chainlink Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chainlink's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Chainlink, and traders can use it to determine the average amount a Chainlink'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 = 0.2291
| Best Portfolio | Best Equity | |||
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| Small Returns | LINK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.58 actual daily | 40 60% of assets are more volatile |
Expected Return
| 1.05 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Chainlink is performing at about 18% 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 Chainlink by adding it to a well-diversified portfolio.
About Chainlink Performance
By analyzing Chainlink's fundamental ratios, stakeholders can gain valuable insights into Chainlink's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Chainlink 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 Chainlink has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Chainlink is peer-to-peer digital currency powered by the Blockchain technology.| Chainlink appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Logan Paul Trolls The BBC By Sending Lookalike To Answer Questions About His Crypto Dealings - Deadline |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Chainlink. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.