Litecoin Performance

LTC
 Crypto
  

USD 62.39  2.69  4.51%   

The crypto secures a Beta (Market Risk) of 1.7559, which conveys a somewhat significant risk relative to the market. Let's try to break down what Litecoin'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, Litecoin will likely underperform. Although it is important to respect Litecoin price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating 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 Litecoin technical indicators, you can presently evaluate if the expected return of 0.0627% will be sustainable into the future.
  
Litecoin Performance
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Over the last 90 days Litecoin has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Litecoin is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Litecoin Price Channel

Litecoin Relative Risk vs. Return Landscape

If you would invest  6,631  in Litecoin on May 10, 2022 and sell it today you would lose (392.00)  from holding Litecoin or give up 5.91% of portfolio value over 90 days. Litecoin is generating 0.0627% of daily returns assuming 5.6398% volatility of returns over the 90 days investment horizon. Simply put, 48% of all crypto coins have less volatile historical return distribution than Litecoin, 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 Litecoin is expected to generate 4.45 times more return on investment than the market. However, the company is 4.45 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

Litecoin Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Litecoin's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Litecoin, and traders can use it to determine the average amount a Litecoin'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 = 0.0111

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Estimated Market Risk
 5.64
  actual daily
 
 48 %
of total potential
 
4848
Expected Return
 0.06
  actual daily
 
 1 %
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11
Risk-Adjusted Return
 0.01
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00
Based on monthly moving average Litecoin 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 Litecoin by adding it to a well-diversified portfolio.

About Litecoin Performance

To evaluate Litecoin 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 Litecoin 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 Litecoin 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 Litecoin 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 Litecoin'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.
Litecoin is peer-to-peer digital currency powered by the Blockchain technology. Litecoin LTC - provides faster transaction confirmations and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have - which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones - however it has a solid base of support and dedicated development team.The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.In May 2017, Litecoin became the first of the Top 5 cryptocurrencies to implement theSegWit scaling solution

Things to note about Litecoin

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

Litecoin Alerts

Equity Alerts and Improvement Suggestions

Litecoin has very high historical volatility over the last 90 days
Latest headline from www.nytimes.com: The Crypto Market Crashed. Theyre Still Buying Bitcoin. - The New York Times
Additionally, see Stocks Correlation. Note that the Litecoin information on this page should be used as a complementary analysis to other Litecoin'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Tools for Litecoin Crypto Coin

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