EigenLayer Performance
| EIGEN Crypto | USD 2.82 0.02 0.71% |
The crypto shows a Beta (market volatility) of -1.27, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning EigenLayer are expected to decrease by larger amounts. On the other hand, during market turmoil, EigenLayer is expected to outperform it.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in EigenLayer are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, EigenLayer exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Crypto eyes next SEC chair - Axios | 11/21/2024 |
2 | Cryptos Legacy Is Finally Clear - The Atlantic | 12/11/2024 |
3 | Why More People Are Using Cryptocurrency For Travel - Forbes | 12/20/2024 |
4 | Scoop Warner passes on top crypto slot - Axios | 01/16/2025 |
EigenLayer |
EigenLayer Relative Risk vs. Return Landscape
If you would invest 242.00 in EigenLayer on November 2, 2024 and sell it today you would earn a total of 40.00 from holding EigenLayer or generate 16.53% return on investment over 90 days. EigenLayer is generating 0.6285% of daily returns and assumes 8.9726% volatility on return distribution over the 90 days horizon. Simply put, 79% of crypto coins are less volatile than EigenLayer, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
EigenLayer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EigenLayer's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as EigenLayer, and traders can use it to determine the average amount a EigenLayer'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 = 0.0701
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | EIGEN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.97 actual daily | 79 79% of assets are less volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average EigenLayer is performing at about 5% 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 EigenLayer by adding it to a well-diversified portfolio.
About EigenLayer Performance
By analyzing EigenLayer's fundamental ratios, stakeholders can gain valuable insights into EigenLayer's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EigenLayer 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 EigenLayer has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EigenLayer is peer-to-peer digital currency powered by the Blockchain technology.| EigenLayer is way too risky over 90 days horizon | |
| EigenLayer appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Scoop Warner passes on top crypto slot - Axios |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EigenLayer. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..