This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Phala Network. It also helps investors analyze the systematic and unsystematic risks associated with investing in Phala Network over a specified time horizon. Remember, high Phala Network'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.
Please note that although Phala Network alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Phala Network did 0.52 better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Phala Network crypto's relative risk over its benchmark. Phala Network has a beta of 0.33 . As returns on the market increase, returns on owning Phala Network are expected to decrease at a much lower rate. During the bear market, Phala Network is likely to outperform the market. .
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.
Check out Phala Network Backtesting, Portfolio Optimization, Phala Network Correlation, Cryptocurrency Center, Phala Network Volatility, Phala Network History and analyze Phala Network Performance.
Phala Network Market PremiumsInvestors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Phala Network market risk premium is the additional return an investor will receive from holding Phala Network 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 Phala Network. 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 Phala Network's performance over market.
Phala Network Price Momentum Analysis
Phala Network Market Price Analysis
Market price analysis indicators help investors to evaluate how Phala Network 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 Phala Network shares will generate the highest return on investment. By understating and applying Phala Network crypto coin market price indicators, traders can identify Phala Network position entry and exit signals to maximize returns.
Phala Network Return and Market MediaThe median price of Phala Network for the period between Sun, Sep 10, 2023 and Sat, Dec 9, 2023 is 0.1 with a coefficient of variation of 8.46. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.1, and mean deviation of 0.01. The Crypto did not receive any noticable media coverage during the period.
About Phala Network Beta and Alpha
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 Phala Network 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 Phala NetworkYour 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.
When determining whether Phala Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phala Network's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phala Network Crypto.
Build Diversified Portfolios
Align your risk with return expectations
Check out Phala Network Backtesting, Portfolio Optimization, Phala Network Correlation, Cryptocurrency Center, Phala Network Volatility, Phala Network History and analyze Phala Network Performance. Note that the Phala Network information on this page should be used as a complementary analysis to other Phala Network'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Phala Crypto Coin analysis
When running Phala Network's price analysis, check to measure Phala Network's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Phala Network is operating at the current time. Most of Phala Network's value examination focuses on studying past and present price actions to predict the probability of Phala Network's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Phala Network's coin price. Additionally, you may evaluate how adding Phala Network to your portfolios can decrease your overall portfolio volatility.
Phala Network 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.