AAC Performance
| AAC Crypto | USD 0.0005 0.00 0.00% |
The entity owns a Beta (Systematic Risk) of 0.0021, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding AAC is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days AAC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, AAC is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Trump Nominates Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary - Decrypt | 11/22/2024 |
AAC |
AAC Relative Risk vs. Return Landscape
If you would invest 0.05 in AAC on November 19, 2024 and sell it today you would lose 0.00 from holding AAC or give up 0.2% of portfolio value over 90 days. AAC is producing return of less than zero assuming 0.0752% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than AAC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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AAC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AAC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as AAC, and traders can use it to determine the average amount a AAC'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 = -0.041
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Based on monthly moving average AAC 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 AAC by adding AAC to a well-diversified portfolio.
About AAC Performance
By analyzing AAC's fundamental ratios, stakeholders can gain valuable insights into AAC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AAC 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 AAC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AAC is peer-to-peer digital currency powered by the Blockchain technology.| AAC generated a negative expected return over the last 90 days | |
| AAC 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 AAC. 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 Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.