Cardano Alpha and Beta Analysis

ADA
 Crypto
  

USD 0.51  0.03  5.56%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cardano. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cardano over a specified time horizon. Remember, high Cardano's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Cardano Backtesting, Portfolio Optimization, Cardano Correlation, Bitcoin Browser, Cardano Volatility, Cardano History and analyze Cardano Performance.
  
Please note that although Cardano alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Cardano did 0.024327  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Cardano crypto's relative risk over its benchmark. Cardano has a beta of 1.16  . Let's try to break down what Cardano'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, Cardano will likely underperform.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Cardano Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cardano market risk premium is the additional return an investor will receive from holding Cardano long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cardano. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cardano's performance over market.
α-0.02   β1.16
90 days against DJI

Cardano Price Momentum Analysis

Cardano Market Price Analysis

Market price analysis indicators help investors to evaluate how Cardano crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cardano shares will generate the highest return on investment. By understating and applying Cardano crypto coin market price indicators, traders can identify Cardano position entry and exit signals to maximize returns.

Cardano Return and Market Media

The median price of Cardano for the period between Thu, May 12, 2022 and Wed, Aug 10, 2022 is 0.5 with a coefficient of variation of 9.91. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.51, and mean deviation of 0.04. The Crypto received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Crypto exchange FTX U.S. moves into stock trading - CNBC05/19/2022
2
Crypto Washout Sends Major Coins to Lowest Levels of the Yea...06/10/2022
3
Electricity used to mine bitcoin plummets as crypto crisis w...06/24/2022
4
Best Penny Cryptocurrency to Invest in July 2022 - Analytics...07/12/2022
5
Coinbases 20 percent Decline Leads Crypto Names Lower Follow...07/26/2022

About Cardano Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Cardano has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Cardano Investors Sentiment

The influence of Cardano's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cardano. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Cardano's public news can be used to forecast risks associated with investment in Cardano. The trend in average sentiment can be used to explain how an investor holding Cardano can time the market purely based on public headlines and social activities around Cardano. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Cardano's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cardano's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cardano's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Cardano.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cardano in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cardano's short interest history, or implied volatility extrapolated from Cardano options trading.

Build Portfolio with Cardano

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Cardano Backtesting, Portfolio Optimization, Cardano Correlation, Bitcoin Browser, Cardano Volatility, Cardano History and analyze Cardano Performance. Note that the Cardano information on this page should be used as a complementary analysis to other Cardano'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Tools for Cardano Crypto Coin

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