Across Protocol Performance
| ACX Crypto | USD 0.26 0.01 3.70% |
The crypto shows a Beta (market volatility) of 1.71, 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, Across Protocol will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Across Protocol has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for Across Protocol shareholders. ...more
Across |
Across Protocol Relative Risk vs. Return Landscape
If you would invest 56.00 in Across Protocol on December 19, 2024 and sell it today you would lose (30.00) from holding Across Protocol or give up 53.57% of portfolio value over 90 days. Across Protocol is producing return of less than zero assuming 5.9688% volatility of returns over the 90 days investment horizon. Simply put, 53% of all crypto coins have less volatile historical return distribution than Across Protocol, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Across Protocol Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Across Protocol's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Across Protocol, and traders can use it to determine the average amount a Across Protocol'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 = -0.1692
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ACX |
Estimated Market Risk
| 5.97 actual daily | 53 53% of assets are less volatile |
Expected Return
| -1.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Across Protocol 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 Across Protocol by adding Across Protocol to a well-diversified portfolio.
About Across Protocol Performance
By analyzing Across Protocol's fundamental ratios, stakeholders can gain valuable insights into Across Protocol's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Across Protocol 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 Across Protocol has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Across Protocol is peer-to-peer digital currency powered by the Blockchain technology.| Across Protocol generated a negative expected return over the last 90 days | |
| Across Protocol has high historical volatility and very poor performance | |
| Across Protocol 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 Across Protocol. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.