BLZ Performance
| BLZ Crypto | USD 0.04 0 2.66% |
The crypto shows a Beta (market volatility) of 1.56, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BLZ will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days BLZ has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for BLZ shareholders. ...more
1 | Crypto-backed super PAC Fairshake likely wouldnt exist if not for SEC Chair Genslers actions, Ripple CEO says - CBS News | 12/06/2024 |
2 | ECB hopes Trumps crypto plan will speed up digital euro - Reuters | 02/05/2025 |
BLZ |
BLZ Relative Risk vs. Return Landscape
If you would invest 12.00 in BLZ on November 18, 2024 and sell it today you would lose (7.76) from holding BLZ or give up 64.67% of portfolio value over 90 days. BLZ is producing return of less than zero assuming 8.6345% volatility of returns over the 90 days investment horizon. Simply put, 76% of all crypto coins have less volatile historical return distribution than BLZ, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BLZ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BLZ's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BLZ, and traders can use it to determine the average amount a BLZ'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 = -0.1382
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BLZ |
Estimated Market Risk
| 8.63 actual daily | 76 76% of assets are less volatile |
Expected Return
| -1.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BLZ 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 BLZ by adding BLZ to a well-diversified portfolio.
About BLZ Performance
By analyzing BLZ's fundamental ratios, stakeholders can gain valuable insights into BLZ's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BLZ 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 BLZ has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BLZ is peer-to-peer digital currency powered by the Blockchain technology.| BLZ generated a negative expected return over the last 90 days | |
| BLZ has high historical volatility and very poor performance | |
| BLZ has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: ECB hopes Trumps crypto plan will speed up digital euro - Reuters |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BLZ. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.