Beta Finance Performance

BETA
 Crypto
  

USD 0.15  0.01  7.14%   

The crypto shows a Beta (market volatility) of -0.5669, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Beta Finance's beta means in this case. As returns on the market increase, returns on owning Beta Finance are expected to decrease at a much lower rate. During the bear market, Beta Finance is likely to outperform the market. Although it is vital to follow Beta Finance historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards 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. We have found twenty-one technical indicators for Beta Finance, which you can use to evaluate the performance of the entity.
  
Beta Finance Performance
6 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Beta Finance are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Beta Finance sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Beta Finance Price Channel

Beta Finance Relative Risk vs. Return Landscape

If you would invest  12.00  in Beta Finance on May 18, 2022 and sell it today you would earn a total of  3.00  from holding Beta Finance or generate 25.0% return on investment over 90 days. Beta Finance is generating 0.7102% of daily returns and assumes 8.7404% volatility on return distribution over the 90 days horizon. Simply put, 75% of crypto coins are less volatile than Beta Finance, and 87% 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 Beta Finance is expected to generate 7.45 times more return on investment than the market. However, the company is 7.45 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

Beta Finance Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Beta Finance's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Beta Finance, and traders can use it to determine the average amount a Beta Finance'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 = 0.0813

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Estimated Market Risk
 8.74
  actual daily
 
 75 %
of total potential
 
7575
Expected Return
 0.71
  actual daily
 
 13 %
of total potential
 
1313
Risk-Adjusted Return
 0.08
  actual daily
 
 6 %
of total potential
 
66
Based on monthly moving average Beta Finance is performing at about 6% 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 Beta Finance by adding it to a well-diversified portfolio.

About Beta Finance Performance

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

Things to note about Beta Finance

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

Beta Finance Alerts

Equity Alerts and Improvement Suggestions

Beta Finance is way too risky over 90 days horizon
Beta Finance has some characteristics of a very speculative cryptocurrency
Beta Finance appears to be risky and price may revert if volatility continues
Continue to Trending Equities. Note that the Beta Finance information on this page should be used as a complementary analysis to other Beta Finance'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Tools for Beta Finance Crypto Coin

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