AION Performance
| AION Crypto | USD 0.0006 0.000003 0.51% |
The crypto shows a Beta (market volatility) of -4.04, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AION are expected to decrease by larger amounts. On the other hand, during market turmoil, AION is expected to outperform it.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in AION are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, AION exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
AION |
AION Relative Risk vs. Return Landscape
If you would invest 0.14 in AION on December 17, 2024 and sell it today you would lose (0.08) from holding AION or give up 57.91% of portfolio value over 90 days. AION is generating 6.1683% of daily returns and assumes 44.6647% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than AION 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 |
AION Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AION's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as AION, and traders can use it to determine the average amount a AION'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 = 0.1381
| Best Portfolio | Best Equity | AION | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 44.66 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average AION 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 AION by adding it to a well-diversified portfolio.
About AION Performance
By analyzing AION's fundamental ratios, stakeholders can gain valuable insights into AION's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AION 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 AION has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AION is peer-to-peer digital currency powered by the Blockchain technology.| AION is way too risky over 90 days horizon | |
| AION has some characteristics of a very speculative cryptocurrency | |
| AION 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 AION. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.