CRDTS Financials
| CRDTS Crypto | USD 0 0.0002 15.10% |
CRDTS |
Please note, the presentation of CRDTS's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CRDTS's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CRDTS's management manipulating its earnings.
CRDTS Crypto Summary
CRDTS competes with Solana, XRP, Sui, Staked Ether, and Toncoin. CRDTS is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
CRDTS Systematic Risk
CRDTS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CRDTS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on CRDTS correlated with the market. If Beta is less than 0 CRDTS generally moves in the opposite direction as compared to the market. If CRDTS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CRDTS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CRDTS is generally in the same direction as the market. If Beta > 1 CRDTS moves generally in the same direction as, but more than the movement of the benchmark.
CRDTS November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CRDTS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CRDTS. We use our internally-developed statistical techniques to arrive at the intrinsic value of CRDTS based on widely used predictive technical indicators. In general, we focus on analyzing CRDTS Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CRDTS's daily price indicators and compare them against related drivers.
| Downside Deviation | 9.94 | |||
| Information Ratio | 0.0338 | |||
| Maximum Drawdown | 40.89 | |||
| Value At Risk | (16.08) | |||
| Potential Upside | 16.17 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CRDTS. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.