Wrapped Bitcoin Alpha and Beta Analysis

WBTC
 Crypto
  

USD 20,121  318.00  1.61%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wrapped Bitcoin. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wrapped Bitcoin over a specified time horizon. Remember, high Wrapped Bitcoin'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.
Check out Wrapped Bitcoin Backtesting, Portfolio Optimization, Wrapped Bitcoin Correlation, Cryptocurrency Center, Wrapped Bitcoin Volatility, Wrapped Bitcoin History and analyze Wrapped Bitcoin Performance.
  
Please note that although Wrapped Bitcoin 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, Wrapped Bitcoin did 0.12  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 Wrapped Bitcoin crypto's relative risk over its benchmark. Wrapped Bitcoin has a beta of 0.70  . Let's try to break down what Wrapped's beta means in this case. As returns on the market increase, returns on owning Wrapped Bitcoin are expected to decrease at a much lower rate. During the bear market, Wrapped Bitcoin is likely to outperform the market.
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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.

Wrapped Bitcoin Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wrapped Bitcoin market risk premium is the additional return an investor will receive from holding Wrapped Bitcoin 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 Wrapped Bitcoin. 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 Wrapped Bitcoin's performance over market.
α0.12   β-0.7
90 days against DJI

Wrapped Bitcoin Price Momentum Analysis

Wrapped Bitcoin Market Price Analysis

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

Wrapped Bitcoin Return and Market Media

The median price of Wrapped Bitcoin for the period between Mon, Jun 27, 2022 and Sun, Sep 25, 2022 is 21200.36 with a coefficient of variation of 7.43. The daily time series for the period is distributed with a sample standard deviation of 1590.15, arithmetic mean of 21395.65, and mean deviation of 1355.46. The Crypto did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Wrapped Bitcoin 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 Wrapped or other cryptos. Alpha measures the amount that position in Wrapped Bitcoin 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 Wrapped Bitcoin 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 Wrapped Bitcoin

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
Check out Wrapped Bitcoin Backtesting, Portfolio Optimization, Wrapped Bitcoin Correlation, Cryptocurrency Center, Wrapped Bitcoin Volatility, Wrapped Bitcoin History and analyze Wrapped Bitcoin Performance. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Tools for Wrapped Crypto Coin

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