Balancer Performance
| BAL Crypto | USD 2.17 0.10 4.41% |
The crypto shows a Beta (market volatility) of 0.9, which signifies possible diversification benefits within a given portfolio. Balancer returns are very sensitive to returns on the market. As the market goes up or down, Balancer is expected to follow.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Balancer are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady essential indicators, Balancer may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Balancer |
Balancer Relative Risk vs. Return Landscape
If you would invest 216.00 in Balancer on August 23, 2024 and sell it today you would earn a total of 1.00 from holding Balancer or generate 0.46% return on investment over 90 days. Balancer is generating 0.104% of daily returns assuming 4.4586% volatility of returns over the 90 days investment horizon. Simply put, 39% of all crypto coins have less volatile historical return distribution than Balancer, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Balancer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Balancer's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Balancer, and traders can use it to determine the average amount a Balancer's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0233
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| Cash | Small Risk | Average Risk | BAL | Huge Risk |
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Estimated Market Risk
| 4.46 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Balancer is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Balancer by adding it to a well-diversified portfolio.
About Balancer Performance
By analyzing Balancer's fundamental ratios, stakeholders can gain valuable insights into Balancer's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Balancer has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Balancer has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Balancer is peer-to-peer digital currency powered by the Blockchain technology.| Balancer had very high historical volatility over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Balancer. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.