Band Protocol Performance

BAND
 Crypto
  

USD 1.37  0.02  1.48%   

The crypto shows a Beta (market volatility) of 2.0536, which signifies a somewhat significant risk relative to the market. Let's try to break down what Band Protocol'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, Band Protocol will likely underperform. Even though it is essential to pay attention to Band Protocol 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. Band Protocol exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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Band Protocol Performance
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Over the last 90 days Band Protocol 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 basic 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 Band Protocol investors. ...more

Band Protocol Price Channel

Band Protocol Relative Risk vs. Return Landscape

If you would invest  163.00  in Band Protocol on April 1, 2022 and sell it today you would lose (28.00)  from holding Band Protocol or give up 17.18% of portfolio value over 90 days. Band Protocol is generating negative expected returns and assumes 8.442% volatility on return distribution over the 90 days horizon. Simply put, 73% of crypto coins are less volatile than Band Protocol, 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 Band Protocol is expected to under-perform the market. In addition to that, the company is 5.71 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.19 per unit of volatility.

Band Protocol Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Band Protocol's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Band Protocol, and traders can use it to determine the average amount a Band Protocol'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 = -0.0605

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Estimated Market Risk
 8.44
  actual daily
 
 73 %
of total potential
 
7373
Expected Return
 -0.51
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 0 %
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Risk-Adjusted Return
 -0.06
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Based on monthly moving average Band Protocol 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 Band Protocol by adding it to a well-diversified portfolio.

About Band Protocol Performance

To evaluate Band Protocol 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 Band Protocol 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 Band Protocol 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 Band Protocol 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 Band Protocol'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.
Band Protocol is peer-to-peer digital currency powered by the Blockchain technology. Band Protocol is a Secure, Scalable,Blockchain-AgnosticDecentralized Oracleplatform that aggregates and connectsreal-world data and APIs to smart contracts.Band Protocol connects smart contracts with trusted off-chain information, provided through community-curated data providers.Itprovides community-curated on-chain data feeds, backed by strong economic incentives which ensure the data stays accurate.Band Protocol aims to Ensure Interoperability between Smart Contracts and the Rest of the WorldOne of the biggest challenges for the any decentralized application is to have access to trusted data and services over the traditional Web 2.0. Band Protocol tries to tackle this problem by building a decentralized bridge to enable secure interoperabilities between smart contracts and the traditional web.Telegram Discord Explorer LinkedInWhitepaper

Things to note about Band Protocol

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

Band Protocol Alerts

Equity Alerts and Improvement Suggestions

Band Protocol generated a negative expected return over the last 90 days
Band Protocol has high historical volatility and very poor performance
Band Protocol may become a speculative penny crypto
Continue to Trending Equities. Note that the Band Protocol information on this page should be used as a complementary analysis to other Band Protocol'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Other Tools for Band Protocol Crypto Coin

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