Big Time Performance
| BIGTIME Crypto | USD 0.15 0.01 7.14% |
The crypto shows a Beta (market volatility) of 1.64, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Big Time will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Big Time are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Big Time exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Big Time Relative Risk vs. Return Landscape
If you would invest 7.06 in Big Time on August 29, 2024 and sell it today you would earn a total of 7.94 from holding Big Time or generate 112.46% return on investment over 90 days. Big Time is generating 1.667% of daily returns and assumes 10.4727% volatility on return distribution over the 90 days horizon. Simply put, 93% of crypto coins are less volatile than Big, and 67% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Big Time Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Big Time's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Big Time, and traders can use it to determine the average amount a Big Time'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 = 0.1592
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | BIGTIME | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.47 actual daily | 93 93% of assets are less volatile |
Expected Return
| 1.67 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Big Time is performing at about 12% 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 Big Time by adding it to a well-diversified portfolio.
About Big Time Performance
By analyzing Big Time's fundamental ratios, stakeholders can gain valuable insights into Big Time's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Big Time 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 Big Time has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Big Time is peer-to-peer digital currency powered by the Blockchain technology.| Big Time is way too risky over 90 days horizon | |
| Big Time has some characteristics of a very speculative cryptocurrency | |
| Big Time appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Time. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .