Alpha Finance Performance

ALPHA
  

USD 0.09  0.0029  3.06%   

The crypto shows a Beta (market volatility) of -0.0673, which signifies not very significant fluctuations relative to the market. Let's try to break down what Alpha's beta means in this case. As returns on the market increase, returns on owning Alpha Finance are expected to decrease at a much lower rate. During the bear market, Alpha Finance is likely to outperform the market. Although it is important to respect Alpha Finance Lab historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The 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 Alpha Finance Lab technical indicators, you can presently evaluate if the expected return of 0.15% will be sustainable into the future.
  
Alpha Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Alpha Finance Lab are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical indicators, Alpha Finance may actually be approaching a critical reversion point that can send shares even higher in January 2023. ...more

Alpha Price Channel

Alpha Finance Relative Risk vs. Return Landscape

If you would invest  11.00  in Alpha Finance Lab on September 4, 2022 and sell it today you would lose (1.53)  from holding Alpha Finance Lab or give up 13.91% of portfolio value over 90 days. Alpha Finance Lab is generating 0.1463% of daily returns and assumes 8.7796% volatility on return distribution over the 90 days horizon. Simply put, 76% of crypto coins are less volatile than Alpha, and 98% 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 Alpha Finance is expected to generate 5.83 times more return on investment than the market. However, the company is 5.83 times more volatile than its market benchmark. It trades about 0.02 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.09 per unit of risk.

Alpha Finance Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Finance's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Alpha Finance Lab, and traders can use it to determine the average amount a Alpha Finance'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 = 0.0167

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ALPHA
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Estimated Market Risk
 8.78
  actual daily
 
 76 %
of total potential
 
7676
Expected Return
 0.15
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.02
  actual daily
 
 1 %
of total potential
 
11
Based on monthly moving average Alpha Finance is performing at about 1% 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 Alpha Finance by adding it to a well-diversified portfolio.

About Alpha Finance Performance

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

Things to note about Alpha Finance Lab

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

Alpha Finance Alerts

Equity Alerts and Improvement Suggestions

Alpha Finance Lab has very high historical volatility over the last 90 days
Alpha Finance Lab has some characteristics of a very speculative cryptocurrency
Please continue to Trending Equities. Note that the Alpha Finance Lab information on this page should be used as a complementary analysis to other Alpha Finance'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Tools for Alpha Crypto Coin

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