Degen Alpha and Beta Analysis
| DEGEN Crypto | USD 0.02 0 14.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Degen. It also helps investors analyze the systematic and unsystematic risks associated with investing in Degen over a specified time horizon. Remember, high Degen's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Beta (3.02) | Alpha 3.94 | Risk 20.42 | Sharpe Ratio 0.21 | Expected Return 4.2 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Degen |
Degen Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Degen market risk premium is the additional return an investor will receive from holding Degen long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Degen. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Degen's performance over market.| α | 3.94 | β | -3.02 |
Degen Price Momentum Analysis
Degen Market Price Analysis
Market price analysis indicators help investors to evaluate how Degen crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Degen shares will generate the highest return on investment. By understating and applying Degen crypto coin market price indicators, traders can identify Degen position entry and exit signals to maximize returns.
Degen Return and Market Media
The median price of Degen for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 0.00782 with a coefficient of variation of 69.76. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.01, and mean deviation of 0.0. The Crypto did not receive any noticable media coverage during the period. Price Growth (%) |
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About Degen Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Degen or other cryptos. Alpha measures the amount that position in Degen has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Degen in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.
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Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Degen Backtesting, Portfolio Optimization, Degen Correlation, Cryptocurrency Center, Degen Volatility, Degen History and analyze Degen Performance. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Degen technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.