EigenLayer Performance
| EIGEN Crypto | USD 2.22 0.20 8.26% |
The crypto shows a Beta (market volatility) of 1.05, which means a somewhat significant risk relative to the market. EigenLayer returns are very sensitive to returns on the market. As the market goes up or down, EigenLayer is expected to follow.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in EigenLayer are ranked lower than 9 (%) 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
EigenLayer |
EigenLayer Relative Risk vs. Return Landscape
If you would invest 0.00 in EigenLayer on August 23, 2024 and sell it today you would earn a total of 222.00 from holding EigenLayer or generate 9.223372036854776E16% return on investment over 90 days. EigenLayer is generating 14.8137% of daily returns and assumes 124.2404% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than EigenLayer on the basis of their historical return distribution, and most 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 = 0.1192
| Best Portfolio | Best Equity | EIGEN | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 124.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average EigenLayer is performing at about 9% 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 |
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.