FXP Performance
| FXP Crypto | USD 0.0006 0.00 0.00% |
The crypto shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and FXP are completely uncorrelated.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days FXP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, FXP is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
FXP |
FXP Relative Risk vs. Return Landscape
If you would invest 0.06 in FXP on August 30, 2024 and sell it today you would earn a total of 0.00 from holding FXP or generate 0.0% return on investment over 90 days. FXP is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than FXP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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FXP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FXP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as FXP, and traders can use it to determine the average amount a FXP'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 = 0.0
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Based on monthly moving average FXP 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 FXP by adding FXP to a well-diversified portfolio.
About FXP Performance
By analyzing FXP's fundamental ratios, stakeholders can gain valuable insights into FXP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FXP 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 FXP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FXP is peer-to-peer digital currency powered by the Blockchain technology.| FXP is not yet fully synchronised with the market data | |
| FXP has some characteristics of a very speculative cryptocurrency |
Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.