BasedAI Financials
| BASEDAI Crypto | USD 5.68 0.01 0.18% |
BasedAI |
BasedAI Crypto Summary
BasedAI competes with XRP, Solana, Sui, Staked Ether, and Toncoin. BasedAI is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
BasedAI Systematic Risk
BasedAI's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BasedAI volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on BasedAI correlated with the market. If Beta is less than 0 BasedAI generally moves in the opposite direction as compared to the market. If BasedAI Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BasedAI is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BasedAI is generally in the same direction as the market. If Beta > 1 BasedAI moves generally in the same direction as, but more than the movement of the benchmark.
BasedAI December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BasedAI help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BasedAI. We use our internally-developed statistical techniques to arrive at the intrinsic value of BasedAI based on widely used predictive technical indicators. In general, we focus on analyzing BasedAI Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BasedAI's daily price indicators and compare them against related drivers.
| Downside Deviation | 12.59 | |||
| Information Ratio | 0.1098 | |||
| Maximum Drawdown | 96.07 | |||
| Value At Risk | (21.87) | |||
| Potential Upside | 30.0 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BasedAI. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.