Bitcoin Cash Alpha and Beta Analysis

BCH
 Crypto
  

USD 117.16  4.00  3.30%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bitcoin Cash. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bitcoin Cash over a specified time horizon. Remember, high Bitcoin Cash's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Bitcoin Cash Backtesting, Portfolio Optimization, Bitcoin Cash Correlation, Cryptocurrency Center, Bitcoin Cash Volatility, Bitcoin Cash History and analyze Bitcoin Cash Performance.
  
Please note that although Bitcoin Cash alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Bitcoin Cash did 0.32  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Bitcoin Cash crypto's relative risk over its benchmark. Bitcoin Cash has a beta of 0.19  . Let's try to break down what Bitcoin's beta means in this case. As returns on the market increase, Bitcoin Cash returns are expected to increase less than the market. However, during the bear market, the loss on holding Bitcoin Cash will be expected to be smaller as well.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Bitcoin Cash Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bitcoin Cash market risk premium is the additional return an investor will receive from holding Bitcoin Cash long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bitcoin Cash. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Bitcoin Cash's performance over market.
α0.32   β0.19
90 days against DJI

Bitcoin Cash Price Momentum Analysis

Bitcoin Cash Market Price Analysis

Market price analysis indicators help investors to evaluate how Bitcoin Cash crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitcoin Cash shares will generate the highest return on investment. By understating and applying Bitcoin Cash crypto coin market price indicators, traders can identify Bitcoin Cash position entry and exit signals to maximize returns.

Bitcoin Cash Return and Market Media

The median price of Bitcoin Cash for the period between Wed, Jul 6, 2022 and Tue, Oct 4, 2022 is 119.61 with a coefficient of variation of 10.48. The daily time series for the period is distributed with a sample standard deviation of 12.85, arithmetic mean of 122.59, and mean deviation of 10.5. The Crypto did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Bitcoin Cash Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Bitcoin or other cryptos. Alpha measures the amount that position in Bitcoin Cash has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Bitcoin Cash Investors Sentiment

The influence of Bitcoin Cash's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bitcoin. The overall investor sentiment generally increases the direction of a crypto movement in a one-year investment horizon. However, the impact of investor sentiment on the entire crypto markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Bitcoin Cash's public news can be used to forecast risks associated with investment in Bitcoin. The trend in average sentiment can be used to explain how an investor holding Bitcoin can time the market purely based on public headlines and social activities around Bitcoin Cash. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Bitcoin Cash's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bitcoin Cash's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bitcoin Cash's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bitcoin Cash.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bitcoin Cash in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.

Build Portfolio with Bitcoin Cash

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Continue to Bitcoin Cash Backtesting, Portfolio Optimization, Bitcoin Cash Correlation, Cryptocurrency Center, Bitcoin Cash Volatility, Bitcoin Cash History and analyze Bitcoin Cash Performance. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Tools for Bitcoin Crypto Coin

When running Bitcoin Cash price analysis, check to measure Bitcoin Cash's coin volatility and technical momentum 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 actions to predict the probability of Bitcoin Cash's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Bitcoin Cash's coin price. Additionally, you may evaluate how adding Bitcoin Cash to your portfolios can decrease your overall portfolio volatility.
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