Beam Performance
| BEAM Crypto | USD 0.02 0.0004 1.66% |
The crypto shows a Beta (market volatility) of 1.11, which signifies a somewhat significant risk relative to the market. Beam returns are very sensitive to returns on the market. As the market goes up or down, Beam is expected to follow.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Beam are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Beam exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Beam |
Beam Relative Risk vs. Return Landscape
If you would invest 1.46 in Beam on August 30, 2024 and sell it today you would earn a total of 0.99 from holding Beam or generate 67.81% return on investment over 90 days. Beam is generating 0.9825% of daily returns and assumes 6.1162% volatility on return distribution over the 90 days horizon. Simply put, 54% of crypto coins are less volatile than Beam, and 81% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Beam Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beam's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Beam, and traders can use it to determine the average amount a Beam'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 = 0.1606
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.12 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Beam 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 Beam by adding it to a well-diversified portfolio.
About Beam Performance
By analyzing Beam's fundamental ratios, stakeholders can gain valuable insights into Beam's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Beam 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 Beam has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Beam is peer-to-peer digital currency powered by the Blockchain technology.| Beam is way too risky over 90 days horizon | |
| Beam has some characteristics of a very speculative cryptocurrency | |
| Beam 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 Beam. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.