Bitcoin Gold Performance
| BTG Crypto | USD 2.60 0.74 22.16% |
The crypto shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bitcoin Gold are expected to decrease at a much lower rate. During the bear market, Bitcoin Gold is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Bitcoin Gold 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 technical and fundamental 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 Bitcoin Gold shareholders. ...more
Bitcoin |
Bitcoin Gold Relative Risk vs. Return Landscape
If you would invest 3,692 in Bitcoin Gold on December 1, 2024 and sell it today you would lose (3,432) from holding Bitcoin Gold or give up 92.96% of portfolio value over 90 days. Bitcoin Gold is producing return of less than zero assuming 30.8243% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Bitcoin on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bitcoin Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Gold's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bitcoin Gold, and traders can use it to determine the average amount a Bitcoin Gold'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 = -0.0212
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BTG |
Estimated Market Risk
| 30.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.65 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 Bitcoin Gold 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 Bitcoin Gold by adding Bitcoin Gold to a well-diversified portfolio.
About Bitcoin Gold Performance
By analyzing Bitcoin Gold's fundamental ratios, stakeholders can gain valuable insights into Bitcoin Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitcoin Gold 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 Bitcoin Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BTG is peer-to-peer digital currency powered by the Blockchain technology.| Bitcoin Gold generated a negative expected return over the last 90 days | |
| Bitcoin Gold has high historical volatility and very poor performance |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Gold. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.