BCDN Performance
| BCDN Crypto | USD 0.0002 0.000008 4.71% |
The entity shows a Beta (market volatility) of -0.88, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning BCDN are expected to decrease slowly. On the other hand, during market turmoil, BCDN is expected to outperform it slightly.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in BCDN are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, BCDN exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
BCDN |
BCDN Relative Risk vs. Return Landscape
If you would invest 0.03 in BCDN on November 28, 2024 and sell it today you would lose (0.01) from holding BCDN or give up 35.71% of portfolio value over 90 days. BCDN is generating 0.4754% of daily returns and assumes 15.8033% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than BCDN 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 |
BCDN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCDN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BCDN, and traders can use it to determine the average amount a BCDN'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 = 0.0301
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BCDN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 15.8 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average BCDN 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 BCDN by adding it to a well-diversified portfolio.
About BCDN Performance
By analyzing BCDN's fundamental ratios, stakeholders can gain valuable insights into BCDN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BCDN 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 BCDN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BCDN is peer-to-peer digital currency powered by the Blockchain technology.| BCDN had very high historical volatility over the last 90 days | |
| BCDN 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 BCDN. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.