Aerodrome Finance Performance
| AERO Crypto | USD 1.45 0.01 0.68% |
The crypto shows a Beta (market volatility) of 1.17, 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, Aerodrome Finance will likely underperform.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Aerodrome Finance are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Aerodrome Finance exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Aerodrome |
Aerodrome Finance Relative Risk vs. Return Landscape
If you would invest 58.00 in Aerodrome Finance on August 30, 2024 and sell it today you would earn a total of 87.00 from holding Aerodrome Finance or generate 150.0% return on investment over 90 days. Aerodrome Finance is generating 1.6999% of daily returns and assumes 7.4051% volatility on return distribution over the 90 days horizon. Simply put, 65% of crypto coins are less volatile than Aerodrome, and 67% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Aerodrome Finance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aerodrome Finance's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Aerodrome Finance, and traders can use it to determine the average amount a Aerodrome Finance'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 = 0.2296
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | AERO | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.41 actual daily | 65 65% of assets are less volatile |
Expected Return
| 1.7 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Aerodrome Finance is performing at about 18% of its full potential. 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 Aerodrome Finance by adding it to a well-diversified portfolio.
About Aerodrome Finance Performance
By analyzing Aerodrome Finance's fundamental ratios, stakeholders can gain valuable insights into Aerodrome Finance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aerodrome Finance 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 Aerodrome Finance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Aerodrome Finance is peer-to-peer digital currency powered by the Blockchain technology.| Aerodrome Finance is way too risky over 90 days horizon | |
| Aerodrome Finance may become a speculative penny crypto | |
| Aerodrome Finance appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aerodrome Finance. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.