Velodrome Finance Financials
| VELOD Crypto | USD 0.10 0 2.35% |
Velodrome |
Please note, the presentation of Velodrome Finance'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, Velodrome Finance's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Velodrome Finance's management manipulating its earnings.
Velodrome Finance Crypto Summary
Velodrome Finance competes with Solana, XRP, Sui, Staked Ether, and Toncoin. Velodrome Finance is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Velodrome Finance Systematic Risk
Velodrome Finance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Velodrome Finance 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Velodrome Finance correlated with the market. If Beta is less than 0 Velodrome Finance generally moves in the opposite direction as compared to the market. If Velodrome Finance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Velodrome Finance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Velodrome Finance is generally in the same direction as the market. If Beta > 1 Velodrome Finance moves generally in the same direction as, but more than the movement of the benchmark.
Velodrome Finance November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Velodrome Finance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Velodrome Finance. We use our internally-developed statistical techniques to arrive at the intrinsic value of Velodrome Finance based on widely used predictive technical indicators. In general, we focus on analyzing Velodrome Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Velodrome Finance's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.24 | |||
| Information Ratio | 0.0177 | |||
| Maximum Drawdown | 34.79 | |||
| Value At Risk | (7.76) | |||
| Potential Upside | 10.0 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velodrome Finance. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.