BCD Performance
| BCD Crypto | USD 0.10 0.02 16.67% |
The entity shows a Beta (market volatility) of 2.02, 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, BCD will likely underperform.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in BCD are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, BCD exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
BCD |
BCD Relative Risk vs. Return Landscape
If you would invest 8.50 in BCD on January 19, 2024 and sell it today you would earn a total of 1.50 from holding BCD or generate 17.65% return on investment over 90 days. BCD is generating 0.6172% of daily returns assuming 9.2516% volatility of returns over the 90 days investment horizon. Simply put, 81% of all crypto coins have less volatile historical return distribution than BCD, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BCD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCD's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BCD, and traders can use it to determine the average amount a BCD'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 = 0.0667
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.25 actual daily | 81 81% of assets are less volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average BCD is performing at about 5% 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 BCD by adding it to a well-diversified portfolio.
About BCD Performance
To evaluate BCD Crypto Coin as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when BCD generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare BCD Crypto Coin's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand BCD market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents BCD's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.BCD is peer-to-peer digital currency powered by the Blockchain technology.| BCD is way too risky over 90 days horizon | |
| BCD has some characteristics of a very speculative cryptocurrency | |
| BCD appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCD. 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. Note that the BCD information on this page should be used as a complementary analysis to other BCD's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.