WAN Performance
| WAN Crypto | USD 0.23 0.01 4.55% |
The entity maintains a market beta of 1.22, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WAN will likely underperform.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in WAN are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, WAN exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
WAN |
WAN Relative Risk vs. Return Landscape
If you would invest 16.00 in WAN on August 30, 2024 and sell it today you would earn a total of 7.00 from holding WAN or generate 43.75% return on investment over 90 days. WAN is generating 0.6608% of daily returns assuming 4.5741% volatility of returns over the 90 days investment horizon. Simply put, 40% of all crypto coins have less volatile historical return distribution than WAN, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WAN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WAN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as WAN, and traders can use it to determine the average amount a WAN'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 = 0.1445
| Best Portfolio | Best Equity | |||
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| Small Returns | WAN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average WAN is performing at about 11% 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 WAN by adding it to a well-diversified portfolio.
About WAN Performance
By analyzing WAN's fundamental ratios, stakeholders can gain valuable insights into WAN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WAN 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 WAN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
WAN is peer-to-peer digital currency powered by the Blockchain technology.| WAN has some characteristics of a very speculative cryptocurrency | |
| WAN appears to be risky and price may revert if volatility continues |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WAN. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.