Basic Attention Volatility

BAT
 Crypto
  

USD 0.46  0.01  2.13%   

Basic Attention appears to be unusually volatile, given 3 months investment horizon. Basic Attention Token secures Sharpe Ratio (or Efficiency) of 0.0709, which signifies that digital coin had 0.0709% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a crypto is to use all available market data together with crypto-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Basic Attention Token, which you can use to evaluate the future volatility of coin. Please makes use of Basic Attention's Mean Deviation of 4.63, downside deviation of 7.62, and Risk Adjusted Performance of 0.074 to double-check if our risk estimates are consistent with your expectations.
  
Basic Attention Crypto Coin volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Basic daily returns, and it is calculated using variance and standard deviation. We also use Basic's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Basic Attention volatility.

30 Days Market Risk

Unusually volatile

Chance of Distress

Below Average

30 Days Economic Sensitivity

Slowly supersedes the market
Since volatility provides cryptocurrency investors with entry points to take advantage of coin prices, projects, such as Basic Attention can benefit from it. Downward market volatility can be a perfect environment for traders who play the long game. Here, they may decide to buy additional shares of Basic Attention at lower prices. For example, an investor can purchase Basic coin that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Basic Attention's crypto rises, investors can sell out and invest the proceeds in other coins with better opportunities. Investing when markets are volatile with better valuations will accord both investors and defi or crypto projects the opportunity to generate better long-term returns.

Basic Attention Market Sensitivity And Downside Risk

Basic Attention's beta coefficient measures the volatility of Basic crypto coin compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Basic crypto coin's returns against your selected market. In other words, Basic Attention's beta of 0.24 provides an investor with an approximation of how much risk Basic Attention crypto coin can potentially add to one of your existing portfolios.
Basic Attention Token is displaying above-average volatility over the selected time horizon. Investors should scrutinize Basic Attention Token independently to ensure intended market timing strategies are aligned with expectations about Basic Attention volatility. Basic Attention Token is a potential penny crypto. Although Basic Attention may be in fact a good instrument to invest, many penny crypto coins are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Basic Attention Token. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Basic instrument if you perfectly time your entry and exit. However, remember that penny cryptos that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Basic Attention Token Demand Trend
Check current 90 days Basic Attention correlation with market (DOW)

Basic Beta

    
  0.24  
Basic standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  6.63  
It is essential to understand the difference between upside risk (as represented by Basic Attention's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Basic Attention's daily returns or price. Since the actual investment returns on holding a position in basic crypto coin tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Basic Attention.

Basic Attention Token Crypto Coin Volatility Analysis

Volatility refers to the frequency at which Basic Attention crypto price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Basic Attention's price changes. Investors will then calculate the volatility of Basic Attention's crypto coin to predict their future moves. A crypto that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A crypto coin with relatively stable price changes has low volatility. A highly volatile crypto is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Basic Attention's volatility:

Historical Volatility

This type of crypto volatility measures Basic Attention's fluctuations based on previous trends. It's commonly used to predict Basic Attention's future behavior based on its past. However, it cannot conclusively determine the future direction of the crypto coin.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Basic Attention's current market price. This means that the crypto will return to its initially predicted market price.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Basic Attention Token Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
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Basic Attention Projected Return Density Against Market

Assuming the 90 days trading horizon Basic Attention has a beta of 0.2371 suggesting as returns on the market go up, Basic Attention average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Basic Attention Token will be expected to be much smaller as well.
Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to Basic Attention project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Basic Attention's price will be affected by overall cryptocurrency market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Basic crypto's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has an alpha of 0.3213, implying that it can generate a 0.32 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
Basic Attention's volatility of a cryptocurrency is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how basic crypto coin's price will differ from the historical average after some time. There is a big difference when you buy Basic Attention from a government-approved cryptocurrency exchange like Coinbase or a marketplace managed by a foreign entity. Using a local, USA-based marketplace will be less exposed to price manipulation. However, just like with stock markets, cryptocurrencies fluctuate because it is influenced by constant media hype, basic supply and demand laws, investor sentiments, and government regulations. These factors work together to add to Basic Attention's price volatility.

Basic Attention Crypto Coin Risk Measures

Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to Basic Attention project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Basic Attention's price will be affected by overall cryptocurrency market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Basic crypto's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days trading horizon the coefficient of variation of Basic Attention is 1411.2. The daily returns are distributed with a variance of 43.94 and standard deviation of 6.63. The mean deviation of Basic Attention Token is currently at 4.51. For similar time horizon, the selected benchmark (DOW) has volatility of 1.25
α
Alpha over DOW
0.32
β
Beta against DOW0.24
σ
Overall volatility
6.63
Ir
Information ratio 0.0374

Basic Attention Crypto Coin Return Volatility

Basic Attention historical daily return volatility represents how much of Basic Attention crypto's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. Keep in mind that cryptocurrencies such as Basic Attention Token have only been around for a short time and are still in the price discovery phase. This means that prices will continue to change as investors and governments work through the initial concerns until prices stabilize, provided a stable point can be reached. Basic Attention Token assumes 6.6287% volatility of returns over the 90 days investment horizon. By contrast, DOW inherits 1.181% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About Basic Attention Volatility

Volatility is a rate at which the price of Basic Attention or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Basic Attention may increase or decrease. In other words, similar to Basic's beta indicator, it measures the risk of Basic Attention and helps estimate the fluctuations that may happen in a short period of time. So if prices of Basic Attention fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Basic Attention Token is peer-to-peer digital currency powered by the Blockchain technology.

Basic Attention Investment Opportunity

Basic Attention Token has a volatility of 6.63 and is 5.62 times more volatile than DOW. 57  of all equities and portfolios are less risky than Basic Attention. Compared to the overall equity markets, volatility of historical daily returns of Basic Attention Token is higher than 57 () of all global equities and portfolios over the last 90 days.
Use Basic Attention Token to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The crypto coin experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Basic Attention to be traded at $0.4416 in 90 days. .

Significant diversification

The correlation between Basic Attention Token and DJI is Significant diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Basic Attention Token and DJI in the same portfolio, assuming nothing else is changed.
Please note that Basic Attention Token is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.

Basic Attention Additional Risk Indicators

The analysis of Basic Attention's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Basic Attention's investment and either accepting that risk or mitigating it. Along with some common measures of Basic Attention crypto coin's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance0.074
Market Risk Adjusted Performance1.46
Mean Deviation4.63
Semi Deviation5.79
Downside Deviation7.62
Coefficient Of Variation1890.93
Standard Deviation6.68
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential crypto coins, we recommend comparing similar cryptos with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Basic Attention Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Basic Attention as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Basic Attention's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Basic Attention's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Basic Attention Token.
Continue to Trending Equities. Note that the Basic Attention Token information on this page should be used as a complementary analysis to other Basic Attention'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Basic Crypto Coin

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