Axie Infinity Performance

AXS
 Crypto
  

USD 14.33  1.80  11.16%   

The crypto shows a Beta (market volatility) of 2.0959, which signifies a somewhat significant risk relative to the market. Let's try to break down what Axie Infinity'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, Axie Infinity will likely underperform. Even though it is essential to pay attention to Axie Infinity Shards 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. Axie Infinity Shards exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Axie Infinity Performance
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Over the last 90 days Axie Infinity Shards 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 basic indicators 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 Axie Infinity Shards investors. ...more

Axie Infinity Price Channel

Axie Infinity Relative Risk vs. Return Landscape

If you would invest  2,124  in Axie Infinity Shards on May 21, 2022 and sell it today you would lose (691.00)  from holding Axie Infinity Shards or give up 32.53% of portfolio value over 90 days. Axie Infinity Shards is producing return of less than zero assuming 8.4727% volatility of returns over the 90 days investment horizon. Simply put, 73% of all crypto coins have less volatile historical return distribution than Axie Infinity, 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 Axie Infinity is expected to under-perform the market. In addition to that, the company is 7.35 times more volatile than its market benchmark. It trades about -0.03 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of volatility.

Axie Infinity Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Axie Infinity's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Axie Infinity Shards, and traders can use it to determine the average amount a Axie Infinity'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 = -0.0305

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Estimated Market Risk
 8.47
  actual daily
 
 73 %
of total potential
 
7373
Expected Return
 -0.26
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.03
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00
Based on monthly moving average Axie Infinity 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 Axie Infinity by adding it to a well-diversified portfolio.

About Axie Infinity Performance

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

Things to note about Axie Infinity Shards

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

Axie Infinity Alerts

Equity Alerts and Improvement Suggestions

Axie Infinity Shards generated a negative expected return over the last 90 days
Axie Infinity Shards has high historical volatility and very poor performance
Please continue to Trending Equities. Note that the Axie Infinity Shards information on this page should be used as a complementary analysis to other Axie Infinity'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Other Tools for Axie Infinity Crypto Coin

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