Bitget Token Performance
| BGB Crypto | USD 4.69 0.01 0.21% |
The crypto shows a Beta (market volatility) of 1.35, 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, Bitget Token will likely underperform.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Bitget token are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental drivers, Bitget Token may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
Bitget |
Bitget Token Relative Risk vs. Return Landscape
If you would invest 493.00 in Bitget token on December 21, 2024 and sell it today you would lose (24.00) from holding Bitget token or give up 4.87% of portfolio value over 90 days. Bitget token is generating 0.1473% of daily returns assuming 6.831% volatility of returns over the 90 days investment horizon. Simply put, 60% of all crypto coins have less volatile historical return distribution than Bitget Token, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bitget Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitget Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bitget token, and traders can use it to determine the average amount a Bitget Token'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 = 0.0216
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| Cash | Small Risk | Average Risk | High Risk | BGB |
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Estimated Market Risk
| 6.83 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.15 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Bitget Token is performing at about 1% 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 Bitget Token by adding it to a well-diversified portfolio.
About Bitget Token Performance
By analyzing Bitget Token's fundamental ratios, stakeholders can gain valuable insights into Bitget Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitget Token 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 Bitget Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bitget token is peer-to-peer digital currency powered by the Blockchain technology.| Bitget token had very high historical volatility over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitget token. 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.