Chainlink Alpha and Beta Analysis

LINK
 Crypto
  

USD 7.15  0.05  0.69%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chainlink. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chainlink over a specified time horizon. Remember, high Chainlink'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.
Additionally, see Chainlink Backtesting, Portfolio Optimization, Chainlink Correlation, Cryptocurrency Center, Chainlink Volatility, Chainlink History and analyze Chainlink Performance.
  
Please note that although Chainlink 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., DOW index.) So in this particular case, Chainlink did 0.31  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 Chainlink crypto's relative risk over its benchmark. Chainlink has a beta of 0.92  . Let's try to break down what Chainlink's beta means in this case. As the market becomes more bullish, returns on owning Chainlink are expected to decrease slowly. On the other hand, during market turmoil, Chainlink is expected to outperform it slightly.
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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.

Chainlink Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chainlink market risk premium is the additional return an investor will receive from holding Chainlink 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 Chainlink. 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 Chainlink's performance over market.
α0.31   β-0.92
90 days against DJI

Chainlink Price Momentum Analysis

Chainlink Market Price Analysis

Market price analysis indicators help investors to evaluate how Chainlink 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 Chainlink shares will generate the highest return on investment. By understating and applying Chainlink crypto coin market price indicators, traders can identify Chainlink position entry and exit signals to maximize returns.

Chainlink Return and Market Media

The median price of Chainlink for the period between Wed, Aug 31, 2022 and Tue, Nov 29, 2022 is 7.13 with a coefficient of variation of 7.98. The daily time series for the period is distributed with a sample standard deviation of 0.57, arithmetic mean of 7.17, and mean deviation of 0.46. The Crypto received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Crypto Needs More Rules and Better Enforcement, Regulators W...10/03/2022

About Chainlink 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 Chainlink or other cryptos. Alpha measures the amount that position in Chainlink 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 Chainlink 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 Chainlink

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

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Chainlink Backtesting, Portfolio Optimization, Chainlink Correlation, Cryptocurrency Center, Chainlink Volatility, Chainlink History and analyze Chainlink Performance. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Tools for Chainlink Crypto Coin

When running Chainlink price analysis, check to measure Chainlink's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Chainlink is operating at the current time. Most of Chainlink's value examination focuses on studying past and present price actions to predict the probability of Chainlink's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Chainlink's coin price. Additionally, you may evaluate how adding Chainlink to your portfolios can decrease your overall portfolio volatility.
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