CoinEx Token Performance
| CET Crypto | USD 0.09 0.0002 0.22% |
The crypto shows a Beta (market volatility) of -0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CoinEx Token are expected to decrease at a much lower rate. During the bear market, CoinEx Token is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in CoinEx Token are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, CoinEx Token exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Miami man accused in 230 million cryptocurrency scam - NBC News | 09/20/2024 |
2 | Crypto becomes a DC powerhouse - POLITICO | 11/20/2024 |
CoinEx |
CoinEx Token Relative Risk vs. Return Landscape
If you would invest 6.78 in CoinEx Token on August 24, 2024 and sell it today you would earn a total of 2.45 from holding CoinEx Token or generate 36.14% return on investment over 90 days. CoinEx Token is generating 0.5224% of daily returns assuming 2.8332% volatility of returns over the 90 days investment horizon. Simply put, 25% of all crypto coins have less volatile historical return distribution than CoinEx Token, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CoinEx Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CoinEx Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CoinEx Token, and traders can use it to determine the average amount a CoinEx Token'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 = 0.1844
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Estimated Market Risk
| 2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average CoinEx Token is performing at about 14% 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 CoinEx Token by adding it to a well-diversified portfolio.
About CoinEx Token Performance
By analyzing CoinEx Token's fundamental ratios, stakeholders can gain valuable insights into CoinEx Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CoinEx Token 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 CoinEx Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CoinEx Token is peer-to-peer digital currency powered by the Blockchain technology.| CoinEx Token has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Crypto becomes a DC powerhouse - POLITICO |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoinEx Token. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.