CHP Performance
| CHP Crypto | USD 0.000027 0.000001 3.85% |
The crypto shows a Beta (market volatility) of 1.14, which signifies a somewhat significant risk relative to the market. CHP returns are very sensitive to returns on the market. As the market goes up or down, CHP is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CHP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Crypto's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for CHP shareholders. ...more
1 | Whats next for Coinbase share price as bitcoin and cryptocurrency rises lead to improved earnings - The Independent | 02/14/2025 |
CHP |
CHP Relative Risk vs. Return Landscape
If you would invest 0.00 in CHP on November 18, 2024 and sell it today you would lose 0.00 from holding CHP or give up 12.9% of portfolio value over 90 days. CHP is producing return of less than zero assuming 4.6462% volatility of returns over the 90 days investment horizon. Simply put, 41% of all crypto coins have less volatile historical return distribution than CHP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CHP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CHP, and traders can use it to determine the average amount a CHP'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 = -0.0227
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CHP |
Estimated Market Risk
| 4.65 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CHP 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 CHP by adding CHP to a well-diversified portfolio.
About CHP Performance
By analyzing CHP's fundamental ratios, stakeholders can gain valuable insights into CHP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CHP 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 CHP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CHP is peer-to-peer digital currency powered by the Blockchain technology.| CHP generated a negative expected return over the last 90 days | |
| CHP has some characteristics of a very speculative cryptocurrency | |
| CHP has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Whats next for Coinbase share price as bitcoin and cryptocurrency rises lead to improved earnings - The Independent |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CHP. 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 Transaction History module to view history of all your transactions and understand their impact on performance.