DGTX Performance
| DGTX Crypto | USD 0.000098 0.000001 1.03% |
The crypto shows a Beta (market volatility) of 0.05, which means not very significant fluctuations relative to the market. As returns on the market increase, DGTX's returns are expected to increase less than the market. However, during the bear market, the loss of holding DGTX is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in DGTX are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, DGTX may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
1 | Judge warned FDIC of sanctions in contentious Coinbase crypto hearing - Axios | 02/06/2025 |
DGTX |
DGTX Relative Risk vs. Return Landscape
If you would invest 0.01 in DGTX on November 18, 2024 and sell it today you would earn a total of 0.00 from holding DGTX or generate 6.52% return on investment over 90 days. DGTX is generating 0.1251% of daily returns and assumes 2.3787% volatility on return distribution over the 90 days horizon. Simply put, 21% of crypto coins are less volatile than DGTX, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DGTX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DGTX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DGTX, and traders can use it to determine the average amount a DGTX'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 = 0.0526
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | DGTX | High Risk | Huge Risk |
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average DGTX is performing at about 4% 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 DGTX by adding it to a well-diversified portfolio.
About DGTX Performance
By analyzing DGTX's fundamental ratios, stakeholders can gain valuable insights into DGTX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DGTX 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 DGTX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DGTX is peer-to-peer digital currency powered by the Blockchain technology.| DGTX has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Judge warned FDIC of sanctions in contentious Coinbase crypto hearing - Axios |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DGTX. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..