BCD Performance
| BCD Crypto | USD 0.08 0 5.79% |
The entity shows a Beta (market volatility) of 1.5, 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, BCD will likely underperform.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in BCD are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, BCD exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
BCD |
BCD Relative Risk vs. Return Landscape
If you would invest 6.61 in BCD on September 1, 2024 and sell it today you would earn a total of 1.20 from holding BCD or generate 18.15% return on investment over 90 days. BCD is generating 0.5592% of daily returns assuming 7.9905% volatility of returns over the 90 days investment horizon. Simply put, 71% of all crypto coins have less volatile historical return distribution than BCD, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BCD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCD's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BCD, and traders can use it to determine the average amount a BCD'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 = 0.07
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | BCD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.99 actual daily | 71 71% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average BCD is performing at about 5% 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 BCD by adding it to a well-diversified portfolio.
About BCD Performance
By analyzing BCD's fundamental ratios, stakeholders can gain valuable insights into BCD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BCD 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 BCD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BCD is peer-to-peer digital currency powered by the Blockchain technology.| BCD is way too risky over 90 days horizon | |
| BCD has some characteristics of a very speculative cryptocurrency | |
| BCD 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 BCD. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.