Chainlink Alpha and Beta Analysis
| LINK Crypto | USD 13.61 0.55 3.88% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chainlink. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chainlink over a specified time horizon. Remember, high Chainlink'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.
Beta 2.01 | Alpha (0.35) | Risk 4.52 | Sharpe Ratio (0.08) | Expected Return (0.36) |
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.
Chainlink |
Chainlink Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chainlink market risk premium is the additional return an investor will receive from holding Chainlink 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 Chainlink. 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 Chainlink's performance over market.| α | -0.35 | β | 2.01 |
Chainlink Price Momentum Analysis
Chainlink Market Price Analysis
Market price analysis indicators help investors to evaluate how Chainlink 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 Chainlink shares will generate the highest return on investment. By understating and applying Chainlink crypto coin market price indicators, traders can identify Chainlink position entry and exit signals to maximize returns.
Chainlink Return and Market Media
The median price of Chainlink for the period between Sat, Feb 3, 2024 and Fri, May 3, 2024 is 18.37 with a coefficient of variation of 12.81. The daily time series for the period is distributed with a sample standard deviation of 2.28, arithmetic mean of 17.79, and mean deviation of 1.8. The Crypto received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Bitcoin Pushes Through 50K for First Time Since Late 2021 - CoinDesk | 02/12/2024 |
2 | Sam Bankman-Fried in court for first time since crypto conviction as he tells judge hell stick with new lawye - Daily Mail | 02/21/2024 |
3 | Hiltzik Vanguard stands firm against crypto - Los Angeles Times | 02/27/2024 |
4 | Crypto Seeks to Make Mark on U.S. Elections During Super Tuesday - CoinDesk | 03/05/2024 |
5 | North Korean Crypto Hackers Have Stolen 3B Since 2017, Says UN Security Council Report - CoinDesk | 03/21/2024 |
6 | Crypto Miner Bitdeer in Talks With Private Credit for Capital - Yahoo Finance | 03/26/2024 |
7 | Crypto Firms Take SEC Fight to Texas, With Eye on Supreme Court - Bloomberg Law | 04/05/2024 |
8 | Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports - CoinDesk | 04/16/2024 |
About Chainlink 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 Chainlink or other cryptos. Alpha measures the amount that position in Chainlink 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 Chainlink 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 Chainlink
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
Check out Chainlink Backtesting, Portfolio Optimization, Chainlink Correlation, Cryptocurrency Center, Chainlink Volatility, Chainlink History and analyze Chainlink Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Chainlink technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.