BKBT Performance
The crypto owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BKBT are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days BKBT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, BKBT is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
BKBT |
BKBT Relative Risk vs. Return Landscape
If you would invest (100.00) in BKBT on December 18, 2024 and sell it today you would earn a total of 100.00 from holding BKBT or generate -100.0% return on investment over 90 days. BKBT is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of crypto coins are less volatile than BKBT, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BKBT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BKBT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BKBT, and traders can use it to determine the average amount a BKBT'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 = 0.0
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Based on monthly moving average BKBT 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 BKBT by adding BKBT to a well-diversified portfolio.
| BKBT is not yet fully synchronised with the market data | |
| BKBT has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Tools for BKBT Crypto Coin
When running BKBT's price analysis, check to measure BKBT's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy BKBT is operating at the current time. Most of BKBT's value examination focuses on studying past and present price actions to predict the probability of BKBT's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move BKBT's coin price. Additionally, you may evaluate how adding BKBT to your portfolios can decrease your overall portfolio volatility.
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