Chainlink Performance

LINK
 Crypto
  

USD 7.40  0.18  2.37%   

The crypto shows a Beta (market volatility) of 0.3053, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Chainlink's beta means in this case. As returns on the market increase, Chainlink returns are expected to increase less than the market. However, during the bear market, the loss on holding Chainlink will be expected to be smaller as well. Although it is vital to follow Chainlink historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any crypto is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Chainlink technical indicators, you can presently evaluate if the expected return of 0.31% will be sustainable into the future.
  
Chainlink Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Chainlink are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Chainlink sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Chainlink Price Channel

Chainlink Relative Risk vs. Return Landscape

If you would invest  664.00  in Chainlink on July 6, 2022 and sell it today you would earn a total of  76.00  from holding Chainlink or generate 11.45% return on investment over 90 days. Chainlink is generating 0.312% of daily returns and assumes 5.3373% volatility on return distribution over the 90 days horizon. Simply put, 46% of crypto coins are less volatile than Chainlink, and 94% 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 Chainlink is expected to generate 4.43 times more return on investment than the market. However, the company is 4.43 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of risk.

Chainlink Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chainlink's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Chainlink, and traders can use it to determine the average amount a Chainlink'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 = 0.0584

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Estimated Market Risk
 5.34
  actual daily
 
 46 %
of total potential
 
4646
Expected Return
 0.31
  actual daily
 
 6 %
of total potential
 
66
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
44
Based on monthly moving average Chainlink is performing at about 4% 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 Chainlink by adding it to a well-diversified portfolio.

About Chainlink Performance

To evaluate Chainlink 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 Chainlink 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 Chainlink 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 Chainlink market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Chainlink'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.
Chainlink is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about Chainlink

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

Chainlink Alerts

Equity Alerts and Improvement Suggestions

Chainlink has very high historical volatility over the last 90 days
Additionally, see Correlation Analysis. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Tools for Chainlink Crypto Coin

When running Chainlink price analysis, check to measure Chainlink's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Chainlink is operating at the current time. Most of Chainlink's value examination focuses on studying past and present price actions to predict the probability of Chainlink's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Chainlink's coin price. Additionally, you may evaluate how adding Chainlink to your portfolios can decrease your overall portfolio volatility.
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