Binance Coin Performance
| BNB Crypto | USD 611.10 0.24 0.04% |
The crypto shows a Beta (market volatility) of -0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Binance Coin are expected to decrease at a much lower rate. During the bear market, Binance Coin is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Binance Coin has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, Binance Coin is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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Binance Coin Relative Risk vs. Return Landscape
If you would invest 65,498 in Binance Coin on November 28, 2024 and sell it today you would lose (4,388) from holding Binance Coin or give up 6.7% of portfolio value over 90 days. Binance Coin is producing return of less than zero assuming 3.6473% volatility of returns over the 90 days investment horizon. Simply put, 32% of all crypto coins have less volatile historical return distribution than Binance Coin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Binance Coin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Binance Coin's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Binance Coin, and traders can use it to determine the average amount a Binance Coin'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 = -0.0117
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BNB |
Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Binance Coin is not performing at its full potential. However, 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 Binance Coin by adding Binance Coin to a well-diversified portfolio.
About Binance Coin Performance
By analyzing Binance Coin's fundamental ratios, stakeholders can gain valuable insights into Binance Coin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Binance Coin 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 Binance Coin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Binance Coin is peer-to-peer digital currency powered by the Blockchain technology.| Binance Coin generated a negative expected return over the last 90 days | |
| Binance Coin has high historical volatility and very poor performance |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Binance Coin. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.