AllianceBlock Performance

ALBT
 Crypto
  

USD 0.06  0.0078  11.66%   

The crypto shows a Beta (market volatility) of 1.6565, which signifies a somewhat significant risk relative to the market. Let's try to break down what AllianceBlock's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AllianceBlock will likely underperform. Even though it is essential to pay attention to AllianceBlock historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. AllianceBlock exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
AllianceBlock Performance
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Over the last 90 days AllianceBlock has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Crypto's fundamental drivers remain somewhat strong which may send shares a bit higher in September 2022. The current disturbance may also be a sign of long term up-swing for AllianceBlock investors. ...more

AllianceBlock Price Channel

AllianceBlock Relative Risk vs. Return Landscape

If you would invest  9.47  in AllianceBlock on May 14, 2022 and sell it today you would lose (3.56)  from holding AllianceBlock or give up 37.59% of portfolio value over 90 days. AllianceBlock is generating negative expected returns and assumes 7.4235% volatility on return distribution over the 90 days horizon. Simply put, 64% of crypto coins are less volatile than AllianceBlock, 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 AllianceBlock is expected to under-perform the market. In addition to that, the company is 5.88 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

AllianceBlock Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for AllianceBlock's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as AllianceBlock, and traders can use it to determine the average amount a AllianceBlock'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 = -0.0636

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Estimated Market Risk
 7.42
  actual daily
 
 64 %
of total potential
 
6464
Expected Return
 -0.47
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.06
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average AllianceBlock 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 AllianceBlock by adding it to a well-diversified portfolio.

About AllianceBlock Performance

To evaluate AllianceBlock 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 AllianceBlock 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 AllianceBlock 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 AllianceBlock stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents AllianceBlock'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.
AllianceBlock is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about AllianceBlock

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

AllianceBlock Alerts

Equity Alerts and Improvement Suggestions

AllianceBlock generated a negative expected return over the last 90 days
AllianceBlock has high historical volatility and very poor performance
AllianceBlock has some characteristics of a very speculative cryptocurrency
Latest headline from www.jdsupra.com: Cryptocurrency - Compliance Matters Mintz - JDSupra - JD Supra
Please continue to Trending Equities. Note that the AllianceBlock information on this page should be used as a complementary analysis to other AllianceBlock'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Tools for AllianceBlock Crypto Coin

When running AllianceBlock price analysis, check to measure AllianceBlock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AllianceBlock is operating at the current time. Most of AllianceBlock's value examination focuses on studying past and present price action to predict the probability of AllianceBlock's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AllianceBlock's price. Additionally, you may evaluate how the addition of AllianceBlock to your portfolios can decrease your overall portfolio volatility.
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