API3 Performance

API3
 Crypto
  

USD 1.75  0.03  1.74%   

The crypto shows a Beta (market volatility) of 0.9178, which signifies possible diversification benefits within a given portfolio. Let's try to break down what API3's beta means in this case. API3 returns are very sensitive to returns on the market. As the market goes up or down, API3 is expected to follow. Even though it is essential to pay attention to API3 historical returns, it is always good to be careful when utilizing equity current trending patterns. Our approach to 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. API3 exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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API3 Performance
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Over the last 90 days API3 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 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 API3 investors. ...more

API3 Price Channel

API3 Relative Risk vs. Return Landscape

If you would invest  520.00  in API3 on March 30, 2022 and sell it today you would lose (345.00)  from holding API3 or give up 66.35% of portfolio value over 90 days. API3 is generating negative expected returns and assumes 10.3869% volatility on return distribution over the 90 days horizon. Simply put, 90% of crypto coins are less volatile than API3, 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 API3 is expected to under-perform the market. In addition to that, the company is 7.2 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

API3 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for API3's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as API3, and traders can use it to determine the average amount a API3'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 = -0.1099

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Estimated Market Risk
 10.39
  actual daily
 
 90 %
of total potential
 
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Expected Return
 -1.14
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Risk-Adjusted Return
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Based on monthly moving average API3 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 API3 by adding it to a well-diversified portfolio.

About API3 Performance

To evaluate API3 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 API3 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 API3 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 API3 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 API3'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.
API3 is peer-to-peer digital currency powered by the Blockchain technology. API3 is the native token of the API3 project. It gives its holders the right to take part in the governance of the API3 ecosystem through the API3 DAO. To generate shares in the API3 DAO, token holders have to stake the API3 tokens into the insurance pool, which also gives them access to weekly staking rewards.Telegram Discord LinkedInWhitepaper

Things to note about API3

Checking the ongoing alerts about API3 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for API3 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

API3 Alerts

Equity Alerts and Improvement Suggestions

API3 generated a negative expected return over the last 90 days
API3 has high historical volatility and very poor performance
API3 may become a speculative penny crypto
Please continue to Trending Equities. Note that the API3 information on this page should be used as a complementary analysis to other API3'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Tools for API3 Crypto Coin

When running API3 price analysis, check to measure API3'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 API3 is operating at the current time. Most of API3's value examination focuses on studying past and present price action to predict the probability of API3's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move API3's price. Additionally, you may evaluate how the addition of API3 to your portfolios can decrease your overall portfolio volatility.
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