BounceBit Performance
| BB Crypto | 0.31 0.01 3.13% |
The crypto shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BounceBit are expected to decrease at a much lower rate. During the bear market, BounceBit is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in BounceBit are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, BounceBit exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
BounceBit |
BounceBit Relative Risk vs. Return Landscape
If you would invest 28.00 in BounceBit on August 26, 2024 and sell it today you would earn a total of 3.00 from holding BounceBit or generate 10.71% return on investment over 90 days. BounceBit is currently producing 0.3565% returns and takes up 6.3668% volatility of returns over 90 trading days. Put another way, 56% of traded crypto coins are less volatile than BounceBit, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
BounceBit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BounceBit's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BounceBit, and traders can use it to determine the average amount a BounceBit'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 = 0.056
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.37 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average BounceBit is performing at about 4% 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 BounceBit by adding it to a well-diversified portfolio.
About BounceBit Performance
By analyzing BounceBit's fundamental ratios, stakeholders can gain valuable insights into BounceBit's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BounceBit 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 BounceBit has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BounceBit is peer-to-peer digital currency powered by the Blockchain technology.| BounceBit had very high historical volatility over the last 90 days | |
| BounceBit 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 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.