BTS Performance
| BTS Crypto | USD 0 0.0003 23.62% |
The crypto shows a Beta (market volatility) of -1.36, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BTS are expected to decrease by larger amounts. On the other hand, during market turmoil, BTS is expected to outperform it.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in BTS are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, BTS exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
BTS |
BTS Relative Risk vs. Return Landscape
If you would invest 0.19 in BTS on November 27, 2024 and sell it today you would lose (0.05) from holding BTS or give up 26.14% of portfolio value over 90 days. BTS is generating 0.3011% of daily returns assuming 13.3018% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than BTS 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 |
BTS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTS's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BTS, and traders can use it to determine the average amount a BTS'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 = 0.0226
| Best Portfolio | Best Equity | |||
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| Small Returns | BTS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 13.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average BTS 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 BTS by adding it to a well-diversified portfolio.
About BTS Performance
By analyzing BTS's fundamental ratios, stakeholders can gain valuable insights into BTS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BTS 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 BTS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BTS is peer-to-peer digital currency powered by the Blockchain technology.| BTS had very high historical volatility over the last 90 days | |
| BTS 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 BTS. 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 Global Correlations module to find global opportunities by holding instruments from different markets.