Alephium Performance
| ALPH Crypto | 0.90 0.19 17.43% |
The crypto shows a Beta (market volatility) of -9.37, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alephium are expected to decrease by larger amounts. On the other hand, during market turmoil, Alephium is expected to outperform it.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Alephium are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Alephium exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Alephium |
Alephium Relative Risk vs. Return Landscape
If you would invest 116.00 in Alephium on October 22, 2024 and sell it today you would lose (26.00) from holding Alephium or give up 22.41% of portfolio value over 90 days. Alephium is generating 13.5569% of daily returns and assumes 125.0601% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Alephium 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 |
Alephium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alephium's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Alephium, and traders can use it to determine the average amount a Alephium'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 = 0.1084
| Best Portfolio | Best Equity | ALPH | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 125.06 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Alephium is performing at about 8% 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 Alephium by adding it to a well-diversified portfolio.
About Alephium Performance
By analyzing Alephium's fundamental ratios, stakeholders can gain valuable insights into Alephium's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Alephium 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 Alephium has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Alephium is peer-to-peer digital currency powered by the Blockchain technology.| Alephium is way too risky over 90 days horizon | |
| Alephium has some characteristics of a very speculative cryptocurrency | |
| Alephium 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 Alephium. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Please note, there is a significant difference between Alephium's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Alephium value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Alephium's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.