DATA Performance
| DATA Crypto | USD 0.02 0 5.56% |
The entity shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, DATA's returns are expected to increase less than the market. However, during the bear market, the loss of holding DATA is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days DATA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's fundamental indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for DATA shareholders. ...more
DATA |
DATA Relative Risk vs. Return Landscape
If you would invest 3.69 in DATA on November 9, 2024 and sell it today you would lose (1.48) from holding DATA or give up 40.11% of portfolio value over 90 days. DATA is generating negative expected returns and assumes 6.5657% volatility on return distribution over the 90 days horizon. Simply put, 58% of crypto coins are less volatile than DATA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DATA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DATA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DATA, and traders can use it to determine the average amount a DATA'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 = -0.0907
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DATA |
Estimated Market Risk
| 6.57 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.6 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DATA 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 DATA by adding DATA to a well-diversified portfolio.
About DATA Performance
By analyzing DATA's fundamental ratios, stakeholders can gain valuable insights into DATA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DATA 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 DATA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DATA is peer-to-peer digital currency powered by the Blockchain technology.| DATA generated a negative expected return over the last 90 days | |
| DATA has high historical volatility and very poor performance | |
| DATA has some characteristics of a very speculative cryptocurrency |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DATA. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.