Avalanche Financials
| AVAX Crypto | USD 33.30 1.73 4.94% |
Avalanche |
Please note, the presentation of Avalanche's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avalanche's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Avalanche's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Avalanche. Please utilize our Beneish M Score to check the likelihood of Avalanche's management manipulating its earnings.
Avalanche Crypto Summary
Avalanche competes with Ethereum, Solana, XRP, Open Network, and Staked Ether. Avalanche is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | NYSE Composite |
| Currency | USD - US Dollar |
Avalanche Systematic Risk
Avalanche's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avalanche volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Avalanche correlated with the market. If Beta is less than 0 Avalanche generally moves in the opposite direction as compared to the market. If Avalanche Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avalanche is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avalanche is generally in the same direction as the market. If Beta > 1 Avalanche moves generally in the same direction as, but more than the movement of the benchmark.
Avalanche Thematic Clasifications
Avalanche is part of USD Crypto Fund investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors.
This theme covers Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors. . Get More Thematic Ideas
| USD Crypto Fund | View |
Avalanche April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Avalanche help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avalanche. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avalanche based on widely used predictive technical indicators. In general, we focus on analyzing Avalanche Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avalanche's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.55 | |||
| Information Ratio | 0.0183 | |||
| Maximum Drawdown | 43.53 | |||
| Value At Risk | (11.02) | |||
| Potential Upside | 7.34 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalanche. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.