Conflux Network Performance
| CFX Crypto | USD 0.11 0.04 26.67% |
The crypto shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Conflux Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding Conflux Network is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Conflux Network has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for Conflux Network shareholders. ...more
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Conflux Network Relative Risk vs. Return Landscape
If you would invest 16.00 in Conflux Network on November 9, 2024 and sell it today you would lose (5.00) from holding Conflux Network or give up 31.25% of portfolio value over 90 days. Conflux Network is producing return of less than zero assuming 7.6489% volatility of returns over the 90 days investment horizon. Simply put, 68% of all crypto coins have less volatile historical return distribution than Conflux Network, and 99% 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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Conflux Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conflux Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Conflux Network, and traders can use it to determine the average amount a Conflux Network'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 = -0.0387
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| Negative Returns | CFX |
Estimated Market Risk
| 7.65 actual daily | 68 68% of assets are less volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Conflux Network is not performing at its full potential. However, 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 Conflux Network by adding Conflux Network to a well-diversified portfolio.
About Conflux Network Performance
By analyzing Conflux Network's fundamental ratios, stakeholders can gain valuable insights into Conflux Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Conflux Network 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 Conflux Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Conflux Network is peer-to-peer digital currency powered by the Blockchain technology.| Conflux Network generated a negative expected return over the last 90 days | |
| Conflux Network has high historical volatility and very poor performance | |
| Conflux Network has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conflux Network. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.