BZNT Performance
| BZNT Crypto | USD 0.03 0.0001 0.34% |
The crypto shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BZNT are expected to decrease at a much lower rate. During the bear market, BZNT is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days BZNT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, BZNT is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
BZNT |
BZNT Relative Risk vs. Return Landscape
If you would invest 2.95 in BZNT on August 28, 2024 and sell it today you would earn a total of 0.00 from holding BZNT or generate 0.0% return on investment over 90 days. BZNT is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of crypto coins are less volatile than BZNT, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BZNT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BZNT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BZNT, and traders can use it to determine the average amount a BZNT'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 = 0.0
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Based on monthly moving average BZNT 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 BZNT by adding BZNT to a well-diversified portfolio.
About BZNT Performance
By analyzing BZNT's fundamental ratios, stakeholders can gain valuable insights into BZNT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BZNT 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 BZNT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BZNT is peer-to-peer digital currency powered by the Blockchain technology.| BZNT is not yet fully synchronised with the market data | |
| BZNT has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios. 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.