Polkadot Performance

DOT
 Crypto
  

USD 9.53  0.30  3.25%   

The crypto holds a Beta of 1.0901, which implies a somewhat significant risk relative to the market. Let's try to break down what Polkadot's beta means in this case. Polkadot returns are very sensitive to returns on the market. As the market goes up or down, Polkadot is expected to follow. Even though it is essential to pay attention to Polkadot current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting 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. Polkadot exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Polkadot Performance
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Over the last 90 days Polkadot has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Polkadot is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Polkadot Price Channel

Polkadot Relative Risk vs. Return Landscape

If you would invest  1,103  in Polkadot on May 14, 2022 and sell it today you would lose (180.00)  from holding Polkadot or give up 16.32% of portfolio value over 90 days. Polkadot is producing return of less than zero assuming 6.1539% volatility of returns over the 90 days investment horizon. Simply put, 53% of all crypto coins have less volatile historical return distribution than Polkadot, 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 Polkadot is expected to under-perform the market. In addition to that, the company is 4.84 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

Polkadot Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Polkadot's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Polkadot, and traders can use it to determine the average amount a Polkadot'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 = -0.0144

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Estimated Market Risk
 6.15
  actual daily
 
 53 %
of total potential
 
5353
Expected Return
 -0.09
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 0 %
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Risk-Adjusted Return
 -0.01
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Based on monthly moving average Polkadot 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 Polkadot by adding it to a well-diversified portfolio.

About Polkadot Performance

To evaluate Polkadot 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 Polkadot 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 Polkadot 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 Polkadot 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 Polkadot'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.
Polkadot is peer-to-peer digital currency powered by the Blockchain technology. What is PolkadotPolkadot is a blockchain network often described as a blockchain of blockchains, as it allows users to launch and operate their own blockchains on top of the main Polkadot blockchain. This main blockchain, called the relay chain, does not support smart contracts, but other blockchains connected to it can support them.As a result, Polkadot is set to become a growing ecosystem of cryptocurrencies that competes with other smart contract networks such as Ethereum, the Binance Smart Chain, and more. It was launched in 2020 and brings a number of technical features that help it reach its goal.The user-created blockchains, called parachains, benefit from the same security of the relay chain where transactions are permanent, but can be customized by the users

Things to note about Polkadot

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

Polkadot Alerts

Equity Alerts and Improvement Suggestions

Polkadot generated a negative expected return over the last 90 days
Polkadot has high historical volatility and very poor performance
Latest headline from www.coindesk.com: The Price for Cryptos Recovery A New Narrative - CoinDesk
Continue to Investing Opportunities. Note that the Polkadot information on this page should be used as a complementary analysis to other Polkadot'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Tools for Polkadot Crypto Coin

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