Decred Alpha and Beta Analysis

DCR
 Crypto
  

USD 24.85  0.71  2.78%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Decred. It also helps investors analyze the systematic and unsystematic risks associated with investing in Decred over a specified time horizon. Remember, high Decred'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 Decred Backtesting, Portfolio Optimization, Decred Correlation, Cryptocurrency Center, Decred Volatility, Decred History and analyze Decred Performance.
  
Please note that although Decred 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, Decred did 0.81  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 Decred crypto's relative risk over its benchmark. Decred has a beta of 0.15  . Let's try to break down what Decred's beta means in this case. As returns on the market increase, Decred returns are expected to increase less than the market. However, during the bear market, the loss on holding Decred will be expected to be smaller as well.
.
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.

Decred Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Decred market risk premium is the additional return an investor will receive from holding Decred 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 Decred. 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 Decred's performance over market.
α0.81   β0.15
90 days against DJI

Decred Price Momentum Analysis

Decred Market Price Analysis

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

Decred Return and Market Media

The median price of Decred for the period between Sat, Jul 2, 2022 and Fri, Sep 30, 2022 is 26.72 with a coefficient of variation of 18.67. The daily time series for the period is distributed with a sample standard deviation of 5.17, arithmetic mean of 27.68, and mean deviation of 3.61. The Crypto did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Decred 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 financial instruments including Decred or other cryptos. Alpha measures the amount that position in Decred 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.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Decred in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.

Build Portfolio with Decred

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.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
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 Decred Backtesting, Portfolio Optimization, Decred Correlation, Cryptocurrency Center, Decred Volatility, Decred History and analyze Decred Performance. Note that the Decred information on this page should be used as a complementary analysis to other Decred'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Tools for Decred Crypto Coin

When running Decred price analysis, check to measure Decred's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Decred is operating at the current time. Most of Decred's value examination focuses on studying past and present price actions to predict the probability of Decred's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Decred's coin price. Additionally, you may evaluate how adding Decred to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go