Bitcoin Gold Alpha and Beta Analysis

BTG
 Crypto
  

USD 31.49  0.14  0.45%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bitcoin Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bitcoin Gold over a specified time horizon. Remember, high Bitcoin Gold'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.
Continue to Bitcoin Gold Backtesting, Portfolio Optimization, Bitcoin Gold Correlation, Bitcoin Browser, Bitcoin Gold Volatility, Bitcoin Gold History and analyze Bitcoin Gold Performance.
  
Please note that although Bitcoin Gold 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, Bitcoin Gold did 0.97  better 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 Bitcoin Gold crypto's relative risk over its benchmark. Bitcoin Gold has a beta of 1.18  . Let's try to break down what Bitcoin'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, Bitcoin Gold 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.

Bitcoin Gold Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bitcoin Gold market risk premium is the additional return an investor will receive from holding Bitcoin Gold 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 Bitcoin Gold. 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 Bitcoin Gold's performance over market.
α0.97   β1.18
90 days against DJI

Bitcoin Gold Price Momentum Analysis

Bitcoin Gold Market Price Analysis

Market price analysis indicators help investors to evaluate how Bitcoin Gold 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 Bitcoin Gold shares will generate the highest return on investment. By understating and applying Bitcoin Gold crypto coin market price indicators, traders can identify Bitcoin Gold position entry and exit signals to maximize returns.

Bitcoin Gold Return and Market Media

The median price of Bitcoin Gold for the period between Wed, May 18, 2022 and Tue, Aug 16, 2022 is 19.83 with a coefficient of variation of 25.71. The daily time series for the period is distributed with a sample standard deviation of 5.41, arithmetic mean of 21.03, and mean deviation of 4.36. The Crypto did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Bitcoin Gold 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 Bitcoin Gold 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.

Bitcoin Gold Investors Sentiment

The influence of Bitcoin Gold'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 Bitcoin. 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.
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 Bitcoin Gold 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, Bitcoin Gold's short interest history, or implied volatility extrapolated from Bitcoin Gold options trading.

Build Portfolio with Bitcoin Gold

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
Continue to Bitcoin Gold Backtesting, Portfolio Optimization, Bitcoin Gold Correlation, Bitcoin Browser, Bitcoin Gold Volatility, Bitcoin Gold History and analyze Bitcoin Gold Performance. Note that the Bitcoin Gold information on this page should be used as a complementary analysis to other Bitcoin Gold'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Other Tools for Bitcoin Crypto Coin

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