BLK Performance
| BLK Crypto | USD 0.03 0.0004 1.35% |
The crypto shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BLK's returns are expected to increase less than the market. However, during the bear market, the loss of holding BLK is expected to be smaller as well.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BLK are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady forward-looking signals, BLK exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Crypto millionaires will be made by April 2025 6 coins to hold - crypto.news | 11/22/2024 |
BLK |
BLK Relative Risk vs. Return Landscape
If you would invest 1.77 in BLK on August 27, 2024 and sell it today you would earn a total of 1.16 from holding BLK or generate 65.54% return on investment over 90 days. BLK is generating 0.829% of daily returns assuming 3.2613% volatility of returns over the 90 days investment horizon. Simply put, 29% of all crypto coins have less volatile historical return distribution than BLK, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BLK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BLK's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BLK, and traders can use it to determine the average amount a BLK'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 = 0.2542
| Best Portfolio | Best Equity | |||
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| Small Returns | BLK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 20 80% of assets perform better |
Based on monthly moving average BLK is performing at about 20% 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 BLK by adding it to a well-diversified portfolio.
About BLK Performance
By analyzing BLK's fundamental ratios, stakeholders can gain valuable insights into BLK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BLK 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 BLK has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BLK is peer-to-peer digital currency powered by the Blockchain technology.| BLK has some characteristics of a very speculative cryptocurrency | |
| BLK appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Crypto millionaires will be made by April 2025 6 coins to hold - crypto.news |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BLK. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.