Astar Performance
| ASTR Crypto | USD 0.05 0.0001 0.19% |
The crypto shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Astar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Astar is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Astar are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Astar may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
Astar |
Astar Relative Risk vs. Return Landscape
If you would invest 5.43 in Astar on October 24, 2024 and sell it today you would lose (0.09) from holding Astar or give up 1.66% of portfolio value over 90 days. Astar is generating 0.1286% of daily returns and assumes 5.5044% volatility on return distribution over the 90 days horizon. Simply put, 49% of crypto coins are less volatile than Astar, and 98% 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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Astar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astar's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Astar, and traders can use it to determine the average amount a Astar'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 = 0.0234
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| Cash | Small Risk | Average Risk | ASTR | Huge Risk |
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Estimated Market Risk
| 5.5 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Astar 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 Astar by adding it to a well-diversified portfolio.
About Astar Performance
By analyzing Astar's fundamental ratios, stakeholders can gain valuable insights into Astar's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Astar 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 Astar has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Astar is peer-to-peer digital currency powered by the Blockchain technology.| Astar had very high historical volatility over the last 90 days | |
| Astar has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astar. 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 Transaction History module to view history of all your transactions and understand their impact on performance.