Polkadot Performance

DOT Crypto  USD 6.59  0.06  0.92%   
The crypto holds a Beta of 0.7167, which implies possible diversification benefits within a given portfolio. Let's try to break down what Polkadot's beta means in this case. As returns on the market increase, Polkadot returns are expected to increase less than the market. However, during the bear market, the loss on holding Polkadot will be expected to be smaller as well. Even though it is essential to pay attention to Polkadot current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Polkadot exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Polkadot Performance
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Over the last 90 days Polkadot has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Polkadot is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Polkadot Price Channel

Polkadot Relative Risk vs. Return Landscape

If you would invest  702.00  in Polkadot on November 4, 2022 and sell it today you would lose (55.00)  from holding Polkadot or give up 7.83% of portfolio value over 90 days. Polkadot is producing return of less than zero assuming 4.1441% volatility of returns over the 90 days investment horizon. Simply put, 36% of all crypto coins have less volatile historical return distribution than Polkadot, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon Polkadot is expected to under-perform the market. In addition to that, the company is 3.78 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.14 per unit of volatility.

Polkadot Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Polkadot's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Polkadot, and traders can use it to determine the average amount a Polkadot'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 = -0.01

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Estimated Market Risk
 4.14
  actual daily
 
 36 %
of total potential
 
3636
Expected Return
 -0.04
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Based on monthly moving average Polkadot is performing at about 0% 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 Polkadot by adding it to a well-diversified portfolio.

About Polkadot Performance

To evaluate Polkadot 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 Polkadot 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 Polkadot 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 Polkadot market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Polkadot'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.
Polkadot is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about Polkadot

Checking the ongoing alerts about Polkadot for important developments is a great way to find new opportunities for your next move. Crypto Coin alerts and notifications screener for Polkadot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Polkadot Alerts

Equity Alerts and Improvement Suggestions

Polkadot generated a negative expected return over the last 90 days
Polkadot has high historical volatility and very poor performance
Continue to Investing Opportunities. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for analysis

When running Polkadot price analysis, check to measure Polkadot's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Polkadot is operating at the current time. Most of Polkadot's value examination focuses on studying past and present price actions to predict the probability of Polkadot's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Polkadot's coin price. Additionally, you may evaluate how adding Polkadot to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Polkadot's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Polkadot value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Polkadot's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.