FileCoin Alpha and Beta Analysis
| FIL Crypto | USD 5.88 0.03 0.51% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as FileCoin. It also helps investors analyze the systematic and unsystematic risks associated with investing in FileCoin over a specified time horizon. Remember, high FileCoin's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Beta 0.53 | Alpha 0.28 | Risk 6.71 | Sharpe Ratio 0.0473 | Expected Return 0.32 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
FileCoin |
FileCoin Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. FileCoin market risk premium is the additional return an investor will receive from holding FileCoin long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FileCoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate FileCoin's performance over market.| α | 0.28 | β | 0.53 |
FileCoin Price Momentum Analysis
FileCoin Market Price Analysis
Market price analysis indicators help investors to evaluate how FileCoin crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FileCoin shares will generate the highest return on investment. By understating and applying FileCoin crypto coin market price indicators, traders can identify FileCoin position entry and exit signals to maximize returns.
FileCoin Return and Market Media
The median price of FileCoin for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 8.01 with a coefficient of variation of 25.62. The daily time series for the period is distributed with a sample standard deviation of 1.92, arithmetic mean of 7.5, and mean deviation of 1.7. The Crypto did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About FileCoin Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including FileCoin or other cryptos. Alpha measures the amount that position in FileCoin has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FileCoin in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.
Build Portfolio with FileCoin
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out FileCoin Backtesting, Portfolio Optimization, FileCoin Correlation, Cryptocurrency Center, FileCoin Volatility, FileCoin History and analyze FileCoin Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
FileCoin technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.