Alchemy Pay Performance

ACH
 Crypto
  

USD 0.0126  0.0005  4.13%   

The crypto shows a Beta (market volatility) of -0.7296, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Alchemy's beta means in this case. As returns on the market increase, returns on owning Alchemy Pay are expected to decrease at a much lower rate. During the bear market, Alchemy Pay is likely to outperform the market. Even though it is essential to pay attention to Alchemy Pay historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in 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. Alchemy Pay exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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Alchemy Performance
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Over the last 90 days Alchemy Pay 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 July 2022. The current disturbance may also be a sign of long term up-swing for Alchemy Pay investors. ...more

Alchemy Price Channel

Alchemy Pay Relative Risk vs. Return Landscape

If you would invest  4.36  in Alchemy Pay on March 29, 2022 and sell it today you would lose (3.10)  from holding Alchemy Pay or give up 71.1% of portfolio value over 90 days. Alchemy Pay is producing return of less than zero assuming 7.4204% volatility of returns over the 90 days investment horizon. Simply put, 64% of all crypto coins have less volatile historical return distribution than Alchemy Pay, 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 Alchemy Pay is expected to under-perform the market. In addition to that, the company is 5.14 times more volatile than its market benchmark. It trades about -0.22 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

Alchemy Pay Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alchemy Pay's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Alchemy Pay, and traders can use it to determine the average amount a Alchemy Pay'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 = -0.2175

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Estimated Market Risk
 7.42
  actual daily
 
 64 %
of total potential
 
6464
Expected Return
 -1.61
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.22
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Alchemy Pay 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 Alchemy Pay by adding it to a well-diversified portfolio.

About Alchemy Pay Performance

To evaluate Alchemy Pay 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 Alchemy Pay 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 Alchemy 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 Alchemy Pay 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 Alchemy'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.
Alchemy Pay is peer-to-peer digital currency powered by the Blockchain technology. Alchemy is a cryptocurrency payment solution and technology provider in Asia Pacific that powers online and offline merchants. It designed to be a fast, secure, and convenient hybrid crypto-fiat payment systems and solutions.

Things to note about Alchemy Pay

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

Alchemy Pay Alerts

Equity Alerts and Improvement Suggestions

Alchemy Pay generated a negative expected return over the last 90 days
Alchemy Pay has high historical volatility and very poor performance
Alchemy Pay has some characteristics of a very speculative cryptocurrency
Please continue to Trending Equities. Note that the Alchemy Pay information on this page should be used as a complementary analysis to other Alchemy Pay'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Tools for Alchemy Crypto Coin

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