BounceBit Financials
| BB Crypto | 0.31 0.03 10.71% |
BounceBit |
Please note, the presentation of BounceBit's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BounceBit's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of BounceBit's management manipulating its earnings.
BounceBit Crypto Summary
BounceBit competes with Solana, XRP, Sui, Staked Ether, and Toncoin. BounceBit is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
BounceBit Systematic Risk
BounceBit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BounceBit volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on BounceBit correlated with the market. If Beta is less than 0 BounceBit generally moves in the opposite direction as compared to the market. If BounceBit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BounceBit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BounceBit is generally in the same direction as the market. If Beta > 1 BounceBit moves generally in the same direction as, but more than the movement of the benchmark.
BounceBit November 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BounceBit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BounceBit. We use our internally-developed statistical techniques to arrive at the intrinsic value of BounceBit based on widely used predictive technical indicators. In general, we focus on analyzing BounceBit Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BounceBit's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.25 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 34.94 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.71 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BounceBit. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between BounceBit's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine BounceBit value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, BounceBit's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.