Ankr Network Performance

ANKR
 Crypto
  

USD 0.0318  0.002  6.71%   

The crypto shows a Beta (market volatility) of 1.5891, which signifies a somewhat significant risk relative to the market. Let's try to break down what Ankr Network'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, Ankr Network will likely underperform. Even though it is essential to pay attention to Ankr Network 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. Ankr Network exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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Ankr Network Performance
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Over the last 90 days Ankr Network 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 forward-looking signals 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 Ankr Network investors. ...more

Ankr Network Price Channel

Ankr Network Relative Risk vs. Return Landscape

If you would invest  9.27  in Ankr Network on March 29, 2022 and sell it today you would lose (6.09)  from holding Ankr Network or give up 65.7% of portfolio value over 90 days. Ankr Network is generating negative expected returns and assumes 7.5378% volatility on return distribution over the 90 days horizon. Simply put, 65% of crypto coins are less volatile than Ankr Network, 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 Ankr Network is expected to under-perform the market. In addition to that, the company is 5.23 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

Ankr Network Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ankr Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Ankr Network, and traders can use it to determine the average amount a Ankr Network'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 = -0.1806

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Estimated Market Risk
 7.54
  actual daily
 
 65 %
of total potential
 
6565
Expected Return
 -1.36
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 0 %
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Risk-Adjusted Return
 -0.18
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Based on monthly moving average Ankr Network 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 Ankr Network by adding it to a well-diversified portfolio.

About Ankr Network Performance

To evaluate Ankr Network 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 Ankr Network 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 Ankr Network 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 Ankr Network 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 Ankr Network'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.
Ankr Network is peer-to-peer digital currency powered by the Blockchain technology. Ankr is a distributed computing platform that aims to leverage idle computing resources in data centers and edge devices. What Ankr enables is a Sharing Economy model where enterprises and consumers can monetize their spare computing capacities from their devices, on-premise servers, private cloud, and even public cloud. This enables Ankr to provide computing power much closer to users at a much cheaper price.The Ankr mainnet launched on July 10th, 2019The Ankr Chain and token swapAnkr native token and the current ERC 20 token will co-exist together, each with its own purposes.The Ankr native token will run on the Ankr Chain mainnet and will be used to power the network, purchase services on the Ankr platform and incentivize compute resource providers. It can also be staked

Things to note about Ankr Network

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

Ankr Network Alerts

Equity Alerts and Improvement Suggestions

Ankr Network generated a negative expected return over the last 90 days
Ankr Network has high historical volatility and very poor performance
Ankr Network has some characteristics of a very speculative cryptocurrency
Please continue to Trending Equities. Note that the Ankr Network information on this page should be used as a complementary analysis to other Ankr Network'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Tools for Ankr Network Crypto Coin

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