Serum Performance
| SRM Crypto | USD 0.03 0 5.79% |
The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Serum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Serum is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Serum are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady primary indicators, Serum exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Crypto Laws Are Coming No Matter Who Wins Election Rep. Tom Emmer - Decrypt | 10/01/2024 |
Serum |
Serum Relative Risk vs. Return Landscape
If you would invest 3.00 in Serum on August 27, 2024 and sell it today you would earn a total of 0.29 from holding Serum or generate 9.67% return on investment over 90 days. Serum is generating 0.2335% of daily returns assuming 4.3602% volatility of returns over the 90 days investment horizon. Simply put, 38% of all crypto coins have less volatile historical return distribution than Serum, and 96% 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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Serum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Serum's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Serum, and traders can use it to determine the average amount a Serum'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 = 0.0536
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Serum is performing at about 4% 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 Serum by adding it to a well-diversified portfolio.
About Serum Performance
By analyzing Serum's fundamental ratios, stakeholders can gain valuable insights into Serum's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Serum 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 Serum has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Serum is peer-to-peer digital currency powered by the Blockchain technology.| Serum has some characteristics of a very speculative cryptocurrency | |
| Serum had very high historical volatility over the last 90 days |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Serum. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.