Decred Financials
| DCR Crypto | USD 16.05 0.91 6.01% |
Decred |
Please note, the presentation of Decred'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, Decred's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Decred's management manipulating its earnings.
Decred Crypto Summary
Decred competes with Staked Ether, EigenLayer, BLZ, Highstreet, and Tokocrypto. Decred 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 |
Decred Systematic Risk
Decred's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Decred 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Decred correlated with the market. If Beta is less than 0 Decred generally moves in the opposite direction as compared to the market. If Decred Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Decred is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Decred is generally in the same direction as the market. If Beta > 1 Decred moves generally in the same direction as, but more than the movement of the benchmark.
Decred November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Decred help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Decred. We use our internally-developed statistical techniques to arrive at the intrinsic value of Decred based on widely used predictive technical indicators. In general, we focus on analyzing Decred Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Decred's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.14 | |||
| Information Ratio | 0.1419 | |||
| Maximum Drawdown | 17.83 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 8.07 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Decred. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.