ATP Performance
| ATP Crypto | USD 0.000026 0.000005 16.13% |
The crypto shows a Beta (market volatility) of -2.13, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ATP are expected to decrease by larger amounts. On the other hand, during market turmoil, ATP is expected to outperform it.
Risk-Adjusted Performance
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Over the last 90 days ATP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, ATP is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
ATP |
ATP Relative Risk vs. Return Landscape
If you would invest 0.00 in ATP on September 1, 2024 and sell it today you would lose 0.00 from holding ATP or give up 35.42% of portfolio value over 90 days. ATP is producing return of less than zero assuming 10.2089% volatility of returns over the 90 days investment horizon. Simply put, 90% of all crypto coins have less volatile historical return distribution than ATP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ATP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ATP, and traders can use it to determine the average amount a ATP'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 = -0.0061
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ATP |
Estimated Market Risk
| 10.21 actual daily | 90 90% of assets are less volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ATP is not performing at its full potential. However, 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 ATP by adding ATP to a well-diversified portfolio.
About ATP Performance
By analyzing ATP's fundamental ratios, stakeholders can gain valuable insights into ATP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ATP 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 ATP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ATP is peer-to-peer digital currency powered by the Blockchain technology.| ATP generated a negative expected return over the last 90 days | |
| ATP has high historical volatility and very poor performance | |
| ATP 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 ATP. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.