ALEO Performance
| ALEO Crypto | USD 1.38 0.01 0.73% |
The crypto shows a Beta (market volatility) of 1.28, 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, ALEO will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in ALEO are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, ALEO exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
ALEO |
ALEO Relative Risk vs. Return Landscape
If you would invest 0.00 in ALEO on August 30, 2024 and sell it today you would earn a total of 138.00 from holding ALEO or generate 9.223372036854776E16% return on investment over 90 days. ALEO is generating 14.8376% of daily returns and assumes 125.2469% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than ALEO 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 |
ALEO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALEO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ALEO, and traders can use it to determine the average amount a ALEO'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 = 0.1185
| Best Portfolio | Best Equity | ALEO | ||
| Good Returns | ||||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 125.25 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
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ALEO is performing at about 9% 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 ALEO by adding it to a well-diversified portfolio.
About ALEO Performance
By analyzing ALEO's fundamental ratios, stakeholders can gain valuable insights into ALEO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ALEO 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 ALEO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ALEO is peer-to-peer digital currency powered by the Blockchain technology.| ALEO is way too risky over 90 days horizon | |
| ALEO may become a speculative penny crypto | |
| ALEO 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 ALEO. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.