Basic Attention Performance

BAT
 Crypto
  

USD 0.41  0.01  2.50%   

The crypto shows a Beta (market volatility) of 0.021, which signifies not very significant fluctuations relative to the market. Let's try to break down what Basic's beta means in this case. As returns on the market increase, Basic Attention returns are expected to increase less than the market. However, during the bear market, the loss on holding Basic Attention will be expected to be smaller as well. Even though it is essential to pay attention to Basic Attention Token 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. Basic Attention Token exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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Basic Performance
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Over the last 90 days Basic Attention Token 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 August 2022. The current disturbance may also be a sign of long term up-swing for Basic Attention Token investors. ...more

Basic Price Channel

Basic Attention Relative Risk vs. Return Landscape

If you would invest  75.00  in Basic Attention Token on April 5, 2022 and sell it today you would lose (34.00)  from holding Basic Attention Token or give up 45.33% of portfolio value over 90 days. Basic Attention Token is producing return of less than zero assuming 7.6661% volatility of returns over the 90 days investment horizon. Simply put, 66% of all crypto coins have less volatile historical return distribution than Basic Attention, 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 Basic Attention is expected to under-perform the market. In addition to that, the company is 5.29 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of volatility.

Basic Attention Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Basic Attention's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Basic Attention Token, and traders can use it to determine the average amount a Basic Attention'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 = -0.0829

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Estimated Market Risk
 7.67
  actual daily
 
 66 %
of total potential
 
6666
Expected Return
 -0.64
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 0 %
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Risk-Adjusted Return
 -0.08
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Based on monthly moving average Basic Attention 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 Basic Attention by adding it to a well-diversified portfolio.

About Basic Attention Performance

To evaluate Basic Attention Token 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 Basic Attention 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 Basic 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 Basic Attention Token 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 Basic'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.
Basic Attention Token is peer-to-peer digital currency powered by the Blockchain technology. The Basic Attention Token isan Ethereum-based tokenthatcan be used to obtain a variety of advertising and attention-based services on the Brave platform, a new Blockchain based digital advertising system. User attention is privately monitored in the Brave browser and publishers are rewarded accordingly with BATs. Users also get a share of BATs for participating.TelegramWhitepaper

Things to note about Basic Attention Token

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

Basic Attention Alerts

Equity Alerts and Improvement Suggestions

Basic Attention generated a negative expected return over the last 90 days
Basic Attention has high historical volatility and very poor performance
Basic Attention has some characteristics of a very speculative cryptocurrency
Continue to Trending Equities. Note that the Basic Attention Token information on this page should be used as a complementary analysis to other Basic Attention'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 Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Tools for Basic Crypto Coin

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