Bitcoin Cash Performance

BCH
 Crypto
  

USD 144.30  8.31  6.11%   

The crypto shows a Beta (market volatility) of 1.8491, which signifies a somewhat significant risk relative to the market. Let's try to break down what Bitcoin'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, Bitcoin Cash will likely underperform. Even though it is essential to pay attention to Bitcoin Cash 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. Bitcoin Cash exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Bitcoin Performance
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Over the last 90 days Bitcoin Cash 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 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 Bitcoin Cash investors. ...more

Bitcoin Price Channel

Bitcoin Cash Relative Risk vs. Return Landscape

If you would invest  19,640  in Bitcoin Cash on May 18, 2022 and sell it today you would lose (6,041)  from holding Bitcoin Cash or give up 30.76% of portfolio value over 90 days. Bitcoin Cash is producing return of less than zero assuming 6.6189% volatility of returns over the 90 days investment horizon. Simply put, 57% of all crypto coins have less volatile historical return distribution than Bitcoin Cash, 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 Bitcoin Cash is expected to under-perform the market. In addition to that, the company is 5.64 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of volatility.

Bitcoin Cash Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Cash's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bitcoin Cash, and traders can use it to determine the average amount a Bitcoin Cash'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 = -0.0542

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Negative ReturnsBCH
Estimated Market Risk
 6.62
  actual daily
 
 57 %
of total potential
 
5757
Expected Return
 -0.36
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.05
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 0 %
of total potential
 
00
Based on monthly moving average Bitcoin Cash 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 Bitcoin Cash by adding it to a well-diversified portfolio.

About Bitcoin Cash Performance

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

Things to note about Bitcoin Cash

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

Bitcoin Cash Alerts

Equity Alerts and Improvement Suggestions

Bitcoin Cash generated a negative expected return over the last 90 days
Bitcoin Cash has high historical volatility and very poor performance
Continue to Trending Equities. Note that the Bitcoin Cash information on this page should be used as a complementary analysis to other Bitcoin Cash'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Tools for Bitcoin Crypto Coin

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