ORN Alpha and Beta Analysis
| ORN Crypto | USD 1.41 0.02 1.44% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ORN. It also helps investors analyze the systematic and unsystematic risks associated with investing in ORN over a specified time horizon. Remember, high ORN'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 (1.62) | Alpha 1.34 | Risk 10.29 | Sharpe Ratio 0.12 | Expected Return 1.25 |
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.
ORN |
ORN Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ORN market risk premium is the additional return an investor will receive from holding ORN 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 ORN. 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 ORN's performance over market.| α | 1.34 | β | -1.62 |
ORN Price Momentum Analysis
ORN Market Price Analysis
Market price analysis indicators help investors to evaluate how ORN 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 ORN shares will generate the highest return on investment. By understating and applying ORN crypto coin market price indicators, traders can identify ORN position entry and exit signals to maximize returns.
ORN Return and Market Media
The median price of ORN for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 1.81 with a coefficient of variation of 35.22. The daily time series for the period is distributed with a sample standard deviation of 0.58, arithmetic mean of 1.66, and mean deviation of 0.51. The Crypto received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Oklahoma-Based Company Building Cryptocurrency Mining Facility In Muskogee - news9.com KWTV | 02/16/2024 |
2 | The Ultimate Cryptocurrency to Buy With 100 Right Now - The Motley Fool | 02/29/2024 |
3 | Bitcoin all-time high Why the cryptocurrency is going up - USA TODAY | 03/05/2024 |
4 | Dogecoin Value Surges 15 percent After Elon Musks Remarks - PYMNTS.com | 03/15/2024 |
5 | SOL Flips BNB, Becoming 4th Largest Cryptocurrency as Ethereum Becomes Next Target - CCN.com | 03/18/2024 |
6 | SEC Chair Gensler Calls for More Regulatory Sunlight in Cryptocurrency Sector at Law Conference Regulation ... - Bitcoin.com News | 03/22/2024 |
7 | Catchcoin CATCH Announces Token Launch on DEX with an Exciting Airdrop Campaign - Yahoo Finance | 04/03/2024 |
8 | Metro Atlanta customers of cryptocurrency site say they havent had access to money for months - WSB Atlanta | 04/10/2024 |
9 | Marijuana Banking, Cryptocurrency Regulation May Be Combined Into Single Bill - PYMNTS.com | 04/16/2024 |
About ORN 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 ORN or other cryptos. Alpha measures the amount that position in ORN 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 ORN 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 ORN
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 ORN Backtesting, Portfolio Optimization, ORN Correlation, Cryptocurrency Center, ORN Volatility, ORN History and analyze ORN Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
ORN 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.