My Neighbor Performance

ALICE
  

USD 2.86  0.06  2.05%   

The crypto owns a Beta (Systematic Risk) of 1.0076, which conveys a somewhat significant risk relative to the market. Let's try to break down what ALICE's beta means in this case. My Neighbor returns are very sensitive to returns on the market. As the market goes up or down, My Neighbor is expected to follow. Although it is important to respect My Neighbor Alice existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The philosophy towards estimating 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 My Neighbor Alice technical indicators, you can now evaluate if the expected return of 0.13% will be sustainable into the future.
  
ALICE Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in My Neighbor Alice are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak fundamental indicators, My Neighbor may actually be approaching a critical reversion point that can send shares even higher in September 2022. ...more

ALICE Price Channel

My Neighbor Relative Risk vs. Return Landscape

If you would invest  313.00  in My Neighbor Alice on May 15, 2022 and sell it today you would lose (21.00)  from holding My Neighbor Alice or give up 6.71% of portfolio value over 90 days. My Neighbor Alice is generating 0.1324% of daily returns and assumes 6.9736% volatility on return distribution over the 90 days horizon. Simply put, 60% of crypto coins are less volatile than ALICE, 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 My Neighbor is expected to generate 5.53 times more return on investment than the market. However, the company is 5.53 times more volatile than its market benchmark. It trades about 0.02 of its potential returns per unit of risk. The DOW is currently generating roughly 0.06 per unit of risk.

My Neighbor Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for My Neighbor's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as My Neighbor Alice, and traders can use it to determine the average amount a My Neighbor'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 = 0.019

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Estimated Market Risk
 6.97
  actual daily
 
 60 %
of total potential
 
6060
Expected Return
 0.13
  actual daily
 
 2 %
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22
Risk-Adjusted Return
 0.02
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 1 %
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11
Based on monthly moving average My Neighbor 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 My Neighbor by adding it to a well-diversified portfolio.

About My Neighbor Performance

To evaluate My Neighbor Alice 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 My Neighbor 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 ALICE 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 My Neighbor Alice 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 ALICE'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.
My Neighbor Alice is peer-to-peer digital currency powered by the Blockchain technology. My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends. Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds - a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade NFTs, even if they have no idea what an NFT is.Telegram YouTubeWhitepaper

Things to note about My Neighbor Alice

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

My Neighbor Alerts

Equity Alerts and Improvement Suggestions

My Neighbor Alice has very high historical volatility over the last 90 days
Please continue to Trending Equities. Note that the My Neighbor Alice information on this page should be used as a complementary analysis to other My Neighbor'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Tools for ALICE Crypto Coin

When running My Neighbor Alice price analysis, check to measure My Neighbor'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 My Neighbor is operating at the current time. Most of My Neighbor's value examination focuses on studying past and present price action to predict the probability of My Neighbor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move My Neighbor's price. Additionally, you may evaluate how the addition of My Neighbor to your portfolios can decrease your overall portfolio volatility.
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