Audius Performance

AUDIO
  

USD 0.37  0.02  5.71%   

The crypto shows a Beta (market volatility) of 1.1124, which signifies a somewhat significant risk relative to the market. Let's try to break down what Audius's beta means in this case. Audius returns are very sensitive to returns on the market. As the market goes up or down, Audius is expected to follow. Although it is important to respect Audius historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 Audius technical indicators, you can presently evaluate if the expected return of 0.14% will be sustainable into the future.
  
Audius Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Audius are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak forward indicators, Audius may actually be approaching a critical reversion point that can send shares even higher in September 2022. ...more

Audius Price Channel

Audius Relative Risk vs. Return Landscape

If you would invest  41.00  in Audius on May 12, 2022 and sell it today you would lose (4.00)  from holding Audius or give up 9.76% of portfolio value over 90 days. Audius is generating 0.1448% of daily returns and assumes 7.9377% volatility on return distribution over the 90 days horizon. Simply put, 68% of crypto coins are less volatile than Audius, 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 Audius is expected to generate 6.25 times more return on investment than the market. However, the company is 6.25 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 0.05 per unit of risk.

Audius Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Audius' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Audius, and traders can use it to determine the average amount a Audius' 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 = 0.0182

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Estimated Market Risk
 7.94
  actual daily
 
 68 %
of total potential
 
6868
Expected Return
 0.14
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.02
  actual daily
 
 1 %
of total potential
 
11
Based on monthly moving average Audius 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 Audius by adding it to a well-diversified portfolio.

About Audius Performance

To evaluate Audius 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 Audius 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 Audius 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 Audius 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 Audius'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.
Audius is peer-to-peer digital currency powered by the Blockchain technology. Audius is creating a decentralized and open-source streaming platform controlled by artists, fans, and developers.It provides users with the tools to gather their fans base, share work in progress and then publish their completed tracks for all the world to hear.

Things to note about Audius

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

Audius Alerts

Equity Alerts and Improvement Suggestions

Audius has very high historical volatility over the last 90 days
Audius has some characteristics of a very speculative cryptocurrency
Latest headline from www.washingtonpost.com: Zipmex becomes latest crypto exchange to block withdrawals - The Washington Post
Please continue to Trending Equities. Note that the Audius information on this page should be used as a complementary analysis to other Audius' 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Audius Crypto Coin

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