FTX Token Performance
| FTT Crypto | USD 2.24 0.01 0.44% |
The crypto shows a Beta (market volatility) of 0.0329, which means not very significant fluctuations relative to the market. As returns on the market increase, FTX Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding FTX Token is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in FTX Token are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, FTX Token exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
FTX |
FTX Token Relative Risk vs. Return Landscape
If you would invest 131.00 in FTX Token on August 31, 2024 and sell it today you would earn a total of 93.00 from holding FTX Token or generate 70.99% return on investment over 90 days. FTX Token is generating 1.2066% of daily returns assuming 9.1487% volatility of returns over the 90 days investment horizon. Simply put, 81% of all crypto coins have less volatile historical return distribution than FTX Token, and 76% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
FTX Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FTX Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as FTX Token, and traders can use it to determine the average amount a FTX Token'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 = 0.1319
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FTT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.15 actual daily | 81 81% of assets are less volatile |
Expected Return
| 1.21 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average FTX Token is performing at about 10% 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 FTX Token by adding it to a well-diversified portfolio.
About FTX Token Performance
By analyzing FTX Token's fundamental ratios, stakeholders can gain valuable insights into FTX Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FTX Token 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 FTX Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FTX Token is peer-to-peer digital currency powered by the Blockchain technology.| FTX Token is way too risky over 90 days horizon | |
| FTX Token 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 FTX Token. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.