ZetaChain Performance
| ZETA Crypto | USD 0.79 0.04 4.82% |
The entity maintains a market beta of 1.46, 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, ZetaChain will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in ZetaChain are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, ZetaChain exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
ZetaChain |
ZetaChain Relative Risk vs. Return Landscape
If you would invest 42.00 in ZetaChain on August 31, 2024 and sell it today you would earn a total of 37.00 from holding ZetaChain or generate 88.1% return on investment over 90 days. ZetaChain is generating 1.3024% of daily returns and assumes 8.1533% volatility on return distribution over the 90 days horizon. Simply put, 72% of crypto coins are less volatile than ZetaChain, and 75% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ZetaChain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZetaChain's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ZetaChain, and traders can use it to determine the average amount a ZetaChain'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 = 0.1597
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.15 actual daily | 72 72% of assets are less volatile |
Expected Return
| 1.3 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ZetaChain is performing at about 12% 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 ZetaChain by adding it to a well-diversified portfolio.
About ZetaChain Performance
By analyzing ZetaChain's fundamental ratios, stakeholders can gain valuable insights into ZetaChain's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ZetaChain 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 ZetaChain has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ZetaChain is peer-to-peer digital currency powered by the Blockchain technology.| ZetaChain is way too risky over 90 days horizon | |
| ZetaChain has some characteristics of a very speculative cryptocurrency | |
| ZetaChain 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 ZetaChain. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.