EMERCOIN Performance
| EMERCOIN | USD 0.01 0.0007 7.39% |
The crypto shows a Beta (market volatility) of 18.46, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, EMERCOIN will likely underperform.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in EMERCOIN are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite fairly unsteady fundamental indicators, EMERCOIN demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
EMERCOIN |
EMERCOIN Relative Risk vs. Return Landscape
If you would invest 0.71 in EMERCOIN on August 28, 2024 and sell it today you would earn a total of 0.34 from holding EMERCOIN or generate 47.39% return on investment over 90 days. EMERCOIN is generating 4.9033% of daily returns and assumes 34.3798% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than EMERCOIN 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 |
EMERCOIN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMERCOIN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as EMERCOIN, and traders can use it to determine the average amount a EMERCOIN'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 = 0.1426
| Best Portfolio | Best Equity | EMERCOIN | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 34.38 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.9 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average EMERCOIN is performing at about 11% 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 EMERCOIN by adding it to a well-diversified portfolio.
About EMERCOIN Performance
By evaluating EMERCOIN's fundamental ratios, stakeholders can gain valuable insights into EMERCOIN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EMERCOIN 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 EMERCOIN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
EMERCOIN is peer-to-peer digital currency powered by the Blockchain technology.| EMERCOIN is way too risky over 90 days horizon | |
| EMERCOIN has some characteristics of a very speculative cryptocurrency | |
| EMERCOIN 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 EMERCOIN. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.