Bifrost Performance
| BFC Crypto | USD 0.05 0.0004 0.75% |
The crypto shows a Beta (market volatility) of 1.1, which signifies a somewhat significant risk relative to the market. Bifrost returns are very sensitive to returns on the market. As the market goes up or down, Bifrost is expected to follow.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Bifrost are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Bifrost exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Bifrost |
Bifrost Relative Risk vs. Return Landscape
If you would invest 3.67 in Bifrost on September 1, 2024 and sell it today you would earn a total of 1.74 from holding Bifrost or generate 47.41% return on investment over 90 days. Bifrost is generating 0.6541% of daily returns assuming 3.366% volatility of returns over the 90 days investment horizon. Simply put, 29% of all crypto coins have less volatile historical return distribution than Bifrost, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bifrost Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bifrost's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bifrost, and traders can use it to determine the average amount a Bifrost'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 = 0.1943
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.37 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Bifrost is performing at about 15% 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 Bifrost by adding it to a well-diversified portfolio.
About Bifrost Performance
By analyzing Bifrost's fundamental ratios, stakeholders can gain valuable insights into Bifrost's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bifrost 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 Bifrost has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bifrost is peer-to-peer digital currency powered by the Blockchain technology.| Bifrost has some characteristics of a very speculative cryptocurrency | |
| Bifrost 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 Bifrost. 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.