Aptos Performance
| APT Crypto | USD 6.86 0.55 7.42% |
The crypto shows a Beta (market volatility) of -1.4183, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Aptos are expected to decrease by larger amounts. On the other hand, during market turmoil, Aptos is expected to outperform it. Although it is vital to follow Aptos historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our main philosophy towards foreseeing future performance of any crypto is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Aptos technical indicators, you can presently evaluate if the expected return of 0.42% will be sustainable into the future.
Aptos Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Aptos are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Aptos exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Aptos |
Aptos Relative Risk vs. Return Landscape
If you would invest 550.00 in Aptos on August 30, 2023 and sell it today you would earn a total of 136.00 from holding Aptos or generate 24.73% return on investment over 90 days. Aptos is generating 0.4228% of daily returns assuming 3.9862% volatility of returns over the 90 days investment horizon. Simply put, 34% of all crypto coins have less volatile historical return distribution than Aptos, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Aptos Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aptos' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Aptos, and traders can use it to determine the average amount a Aptos' 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 = 0.1061
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Aptos is performing at about 8% 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 Aptos by adding it to a well-diversified portfolio.
About Aptos Performance
To evaluate Aptos 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 Aptos 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 Aptos 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 Aptos market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Aptos'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.Aptos is peer-to-peer digital currency powered by the Blockchain technology.Things to note about Aptos performance evaluation
Checking the ongoing alerts about Aptos for important developments is a great way to find new opportunities for your next move. Crypto Coin alerts and notifications screener for Aptos help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aptos had very high historical volatility over the last 90 days |
- Analyzing Aptos' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Aptos' stock is overvalued or undervalued compared to its peers.
- Examining Aptos' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Aptos' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aptos' management team can help you assess the cryptocurrency's leadership.
- Pay attention to analyst opinions and ratings of Aptos' crypto coin. These opinions can provide insight into Aptos' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptos. 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.
Complementary Tools for Aptos Crypto Coin analysis
When running Aptos' price analysis, check to measure Aptos' coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Aptos is operating at the current time. Most of Aptos' value examination focuses on studying past and present price actions to predict the probability of Aptos' future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Aptos' coin price. Additionally, you may evaluate how adding Aptos to your portfolios can decrease your overall portfolio volatility.
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