CRDTS Performance
| CRDTS Crypto | USD 0 0.000002 0.16% |
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 CRDTS are expected to decrease at a much lower rate. During the bear market, CRDTS is likely to outperform the market.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in CRDTS are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, CRDTS exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
CRDTS |
CRDTS Relative Risk vs. Return Landscape
If you would invest 0.11 in CRDTS on August 30, 2024 and sell it today you would earn a total of 0.02 from holding CRDTS or generate 17.73% return on investment over 90 days. CRDTS is generating 0.6706% of daily returns and assumes 9.2637% volatility on return distribution over the 90 days horizon. Simply put, 82% of crypto coins are less volatile than CRDTS, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CRDTS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CRDTS's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CRDTS, and traders can use it to determine the average amount a CRDTS'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 = 0.0724
| Best Portfolio | Best Equity | |||
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| Small Returns | CRDTS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.26 actual daily | 82 82% of assets are less volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average CRDTS is performing at about 5% 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 CRDTS by adding it to a well-diversified portfolio.
About CRDTS Performance
By analyzing CRDTS's fundamental ratios, stakeholders can gain valuable insights into CRDTS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CRDTS 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 CRDTS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CRDTS is peer-to-peer digital currency powered by the Blockchain technology.| CRDTS is way too risky over 90 days horizon | |
| CRDTS has some characteristics of a very speculative cryptocurrency | |
| CRDTS appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CRDTS. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.