Aevo Performance
| AEVO Crypto | USD 0.47 0.04 9.30% |
The crypto shows a Beta (market volatility) of 1.4, 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, Aevo will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Aevo are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Aevo exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Aevo |
Aevo Relative Risk vs. Return Landscape
If you would invest 32.00 in Aevo on August 30, 2024 and sell it today you would earn a total of 15.00 from holding Aevo or generate 46.88% return on investment over 90 days. Aevo is generating 0.7826% of daily returns and assumes 6.0565% volatility on return distribution over the 90 days horizon. Simply put, 53% of crypto coins are less volatile than Aevo, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Aevo Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aevo's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Aevo, and traders can use it to determine the average amount a Aevo'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 = 0.1292
| Best Portfolio | Best Equity | |||
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| Small Returns | AEVO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.06 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Aevo is performing at about 10% 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 Aevo by adding it to a well-diversified portfolio.
About Aevo Performance
By analyzing Aevo's fundamental ratios, stakeholders can gain valuable insights into Aevo's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aevo 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 Aevo has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Aevo is peer-to-peer digital currency powered by the Blockchain technology.| Aevo is way too risky over 90 days horizon | |
| Aevo has some characteristics of a very speculative cryptocurrency | |
| Aevo 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 Aevo. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.