BORA Performance

BORA
 Crypto
  

USD 0.30  0.01  3.23%   

The crypto shows a Beta (market volatility) of 1.4594, which signifies a somewhat significant risk relative to the market. Let's try to break down what BORA'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, BORA will likely underperform. Even though it is essential to pay attention to BORA 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. BORA exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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BORA Performance
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Over the last 90 days BORA 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 BORA investors. ...more

BORA Price Channel

BORA Relative Risk vs. Return Landscape

If you would invest  97.00  in BORA on April 2, 2022 and sell it today you would lose (67.00)  from holding BORA or give up 69.07% of portfolio value over 90 days. BORA is generating negative expected returns and assumes 8.6145% volatility on return distribution over the 90 days horizon. Simply put, 74% of crypto coins are less volatile than BORA, 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 BORA is expected to under-perform the market. In addition to that, the company is 5.97 times more volatile than its market benchmark. It trades about -0.17 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of volatility.

BORA Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for BORA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BORA, and traders can use it to determine the average amount a BORA'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 = -0.1667

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Estimated Market Risk
 8.61
  actual daily
 
 74 %
of total potential
 
7474
Expected Return
 -1.44
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.17
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 0 %
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Based on monthly moving average BORA 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 BORA by adding it to a well-diversified portfolio.

About BORA Performance

To evaluate BORA 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 BORA 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 BORA 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 BORA 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 BORA'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.
BORA is peer-to-peer digital currency powered by the Blockchain technology. BORA supports blockchain-related technologies such as token connection and smart contracts for developers to develop blockchain technology applied content easily. Such produced contents are provided to the users through the BORA ECOSYSTEM platform. Currently, BORA works with developers in various services and industries, starting with the IT entertainment field, including games, music, video, and other industries, such as ICT industry that utilizes Big Data of education, healthcare and location information and FinTech grafted area for real estate rental and investment.Telegram Medium Whitepaper

Things to note about BORA

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

BORA Alerts

Equity Alerts and Improvement Suggestions

BORA generated a negative expected return over the last 90 days
BORA has high historical volatility and very poor performance
BORA has some characteristics of a very speculative cryptocurrency
Continue to Trending Equities. Note that the BORA information on this page should be used as a complementary analysis to other BORA'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for BORA Crypto Coin

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