VIA Performance
| VIA Crypto | USD 0.01 0.0005 3.88% |
The entity owns a Beta (Systematic Risk) of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding VIA is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in VIA are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, VIA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
VIA |
VIA Relative Risk vs. Return Landscape
If you would invest 0.83 in VIA on August 30, 2024 and sell it today you would earn a total of 0.51 from holding VIA or generate 62.27% return on investment over 90 days. VIA is generating 0.8023% of daily returns assuming 3.3911% volatility of returns over the 90 days investment horizon. Simply put, 30% of all crypto coins have less volatile historical return distribution than VIA, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VIA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as VIA, and traders can use it to determine the average amount a VIA'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 = 0.2366
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average VIA is performing at about 18% 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 VIA by adding it to a well-diversified portfolio.
About VIA Performance
By analyzing VIA's fundamental ratios, stakeholders can gain valuable insights into VIA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VIA 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 VIA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
VIA is peer-to-peer digital currency powered by the Blockchain technology.| VIA has some characteristics of a very speculative cryptocurrency | |
| VIA appears to be risky and price may revert if volatility continues |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VIA. 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 Search module to search for actively traded equities including funds and ETFs from over 30 global markets.