COCOS BCX Performance

COCOS
  

USD 0.80  0.02  2.56%   

The crypto owns a Beta (Systematic Risk) of 95.0, which signifies a somewhat significant risk relative to the market. Let's try to break down what COCOS'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, COCOS BCX will likely underperform. Although it is essential to pay attention to COCOS BCX existing price patterns, it is also good to be reasonable about what you can do with equity price patterns. Our philosophy in foreseeing future potential of any crypto is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if COCOS BCX expected return of 175.2 will be sustainable into the future, we have found twenty different technical indicators, which can help you to check if the expected returns are sustainable.
  
COCOS Performance
32 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in COCOS BCX are ranked lower than 32 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, COCOS BCX sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

COCOS Price Channel

COCOS BCX Relative Risk vs. Return Landscape

If you would invest  115.00  in COCOS BCX on May 12, 2022 and sell it today you would lose (35.00)  from holding COCOS BCX or give up 30.43% of portfolio value over 90 days. COCOS BCX is generating 175.2019% of daily returns and assumes 409.3214% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than COCOS 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 COCOS BCX is expected to generate 322.5 times more return on investment than the market. However, the company is 322.5 times more volatile than its market benchmark. It trades about 0.43 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

COCOS BCX Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for COCOS BCX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as COCOS BCX, and traders can use it to determine the average amount a COCOS BCX'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 = 0.428

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Estimated Market Risk
 409.32
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 5.24
  actual daily
 
 96 %
of total potential
 
9696
Risk-Adjusted Return
 0.43
  actual daily
 
 32 %
of total potential
 
3232
Based on monthly moving average COCOS BCX is performing at about 32% 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 COCOS BCX by adding it to a well-diversified portfolio.

About COCOS BCX Performance

To evaluate COCOS BCX 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 COCOS BCX 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 COCOS 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 COCOS BCX 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 COCOS'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.
COCOS BCX is peer-to-peer digital currency powered by the Blockchain technology. Cocos-BCX39, fully named Cocos BlockChain Expedition39, aims to create an integrated multi-platform runtime environment for games, providing developers with the convenience and completeness in game development, while bringing users a whole new gaming experience, unprecedented gaming status, and with all the assets obtained in the games being wholly owned by the users.At 300 AM on January 19th, 2021 the total amount of COCOS was reduced from 100,000,000,000 to 100,000,000 . The total amount of COCOS held by userswas also reduced accordingly, but the total value corresponding to the total amount of holdings remains unchanged. The contract address has changed from0x0c6f5f7d555e7518f6841a79436bd2b1eef03381to0xc4c7ea4fab34bd9fb9a5e1b1a98df76e26e6407c.Seethe official announcement

Things to note about COCOS BCX

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

COCOS BCX Alerts

Equity Alerts and Improvement Suggestions

COCOS BCX is way too risky over 90 days horizon
COCOS BCX has some characteristics of a very speculative cryptocurrency
COCOS BCX appears to be risky and price may revert if volatility continues
COCOS is showing solid risk-adjusted performance over 90 days
Continue to Trending Equities. Note that the COCOS BCX information on this page should be used as a complementary analysis to other COCOS BCX'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for COCOS Crypto Coin

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