Internet Computer Performance
| ICP Crypto | USD 11.40 0.12 1.06% |
The crypto retains a Market Volatility (i.e., Beta) of 1.04, which attests to a somewhat significant risk relative to the market. Internet Computer returns are very sensitive to returns on the market. As the market goes up or down, Internet Computer is expected to follow.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Internet Computer are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Internet Computer exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Internet Computer Relative Risk vs. Return Landscape
If you would invest 776.00 in Internet Computer on August 27, 2024 and sell it today you would earn a total of 364.00 from holding Internet Computer or generate 46.91% return on investment over 90 days. Internet Computer is generating 0.7618% of daily returns assuming 6.0414% volatility of returns over the 90 days investment horizon. Simply put, 53% of all crypto coins have less volatile historical return distribution than Internet Computer, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Internet Computer Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Internet Computer's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Internet Computer, and traders can use it to determine the average amount a Internet Computer'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 = 0.1261
| Best Portfolio | Best Equity | |||
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| Small Returns | ICP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.04 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Internet Computer is performing at about 9% 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 Internet Computer by adding it to a well-diversified portfolio.
About Internet Computer Performance
By analyzing Internet Computer's fundamental ratios, stakeholders can gain valuable insights into Internet Computer's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Internet Computer 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 Internet Computer has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Internet Computer is peer-to-peer digital currency powered by the Blockchain technology.| Internet Computer is way too risky over 90 days horizon | |
| Internet Computer appears to be risky and price may revert if volatility continues |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Internet Computer. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.