ApeCoin Performance

APE
 Crypto
  

USD 6.81  0.22  3.13%   

The crypto shows a Beta (market volatility) of 0.0468, which signifies not very significant fluctuations relative to the market. Let's try to break down what ApeCoin's beta means in this case. As returns on the market increase, ApeCoin returns are expected to increase less than the market. However, during the bear market, the loss on holding ApeCoin will be expected to be smaller as well. Although it is essential to pay attention to ApeCoin historical returns, it is also good to be reasonable about what you can do with equity current trending patterns. Our philosophy in foreseeing future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if ApeCoin expected return of 1.99 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable.
  
ApeCoin Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ApeCoin are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, ApeCoin sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

ApeCoin Price Channel

ApeCoin Relative Risk vs. Return Landscape

If you would invest  0.00  in ApeCoin on May 16, 2022 and sell it today you would earn a total of  681.00  from holding ApeCoin or generate 9.223372036854776E16% return on investment over 90 days. ApeCoin is generating 1.9857% of daily returns assuming 44.3486% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than ApeCoin on the basis of their historical return distribution, and most 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 ApeCoin is expected to generate 44.5 times more return on investment than the market. However, the company is 44.5 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

ApeCoin Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for ApeCoin's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ApeCoin, and traders can use it to determine the average amount a ApeCoin'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 = 0.0448

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Estimated Market Risk
 44.35
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 1.99
  actual daily
 
 37 %
of total potential
 
3737
Risk-Adjusted Return
 0.04
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average ApeCoin is performing at about 3% 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 ApeCoin by adding it to a well-diversified portfolio.

About ApeCoin Performance

To evaluate ApeCoin 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 ApeCoin 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 ApeCoin 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 ApeCoin 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 ApeCoin'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.
ApeCoin is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about ApeCoin

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

ApeCoin Alerts

Equity Alerts and Improvement Suggestions

ApeCoin is way too risky over 90 days horizon
ApeCoin appears to be risky and price may revert if volatility continues
Latest headline from www.buzzfeednews.com: Crypto Diaries The Bitcoin Entrepreneur Whose Wife Wont Let Him Talk Bitcoin - BuzzFeed News
Please continue to Trending Equities. Note that the ApeCoin information on this page should be used as a complementary analysis to other ApeCoin'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Tools for ApeCoin Crypto Coin

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