APL Performance
| APL Crypto | USD 0.000092 0.00 0.00% |
The crypto shows a Beta (market volatility) of 1.08, which signifies a somewhat significant risk relative to the market. APL returns are very sensitive to returns on the market. As the market goes up or down, APL is expected to follow.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in APL are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady essential indicators, APL exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
APL |
APL Relative Risk vs. Return Landscape
If you would invest 0.01 in APL on November 27, 2024 and sell it today you would lose 0.00 from holding APL or give up 7.07% of portfolio value over 90 days. APL is generating 0.3254% of daily returns assuming 9.1796% volatility of returns over the 90 days investment horizon. Simply put, 81% of all crypto coins have less volatile historical return distribution than APL, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
APL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for APL's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as APL, and traders can use it to determine the average amount a APL'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 = 0.0355
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.18 actual daily | 81 81% of assets are less volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average APL is performing at about 2% 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 APL by adding it to a well-diversified portfolio.
About APL Performance
By analyzing APL's fundamental ratios, stakeholders can gain valuable insights into APL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if APL 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 APL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
APL is peer-to-peer digital currency powered by the Blockchain technology.| APL had very high historical volatility over the last 90 days | |
| APL has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APL. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.