Bitcoin Performance
| BTC Crypto | USD 104,357 246.00 0.24% |
The crypto shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bitcoin are expected to decrease at a much lower rate. During the bear market, Bitcoin is likely to outperform the market.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Bitcoin are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Bitcoin exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Trumps social media company is exploring a crypto payment service called TruthFi - CNN | 11/21/2024 |
2 | How criminal have being using cryptocurrency to launder money - Marketplace | 12/09/2024 |
3 | XRP Is One of the Elections Biggest Winners. Why the Cryptocurrency Is in Hot Water With the SEC. - Barrons | 12/12/2024 |
4 | Bitcoin Price Declines Towards 90K - CoinDesk | 01/09/2025 |
Bitcoin |
Bitcoin Relative Risk vs. Return Landscape
If you would invest 6,739,032 in Bitcoin on October 19, 2024 and sell it today you would earn a total of 3,260,110 from holding Bitcoin or generate 48.38% return on investment over 90 days. Bitcoin is generating 0.6707% of daily returns assuming 3.3149% volatility of returns over the 90 days investment horizon. Simply put, 29% of all crypto coins have less volatile historical return distribution than Bitcoin, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Bitcoin, and traders can use it to determine the average amount a Bitcoin'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 = 0.2023
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.31 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Bitcoin is performing at about 15% 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 Bitcoin by adding it to a well-diversified portfolio.
About Bitcoin Performance
By analyzing Bitcoin's fundamental ratios, stakeholders can gain valuable insights into Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitcoin 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 Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bitcoin is peer-to-peer digital currency powered by the Blockchain technology.| Bitcoin appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitcoin Price Declines Towards 90K - CoinDesk |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.