DNT Performance
| DNT Crypto | USD 0.05 0.0009 1.74% |
The crypto shows a Beta (market volatility) of -2.03, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DNT are expected to decrease by larger amounts. On the other hand, during market turmoil, DNT is expected to outperform it.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in DNT are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, DNT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
DNT |
DNT Relative Risk vs. Return Landscape
If you would invest 3.86 in DNT on August 27, 2024 and sell it today you would earn a total of 1.21 from holding DNT or generate 31.35% return on investment over 90 days. DNT is generating 0.973% of daily returns assuming 12.19% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than DNT on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DNT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DNT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DNT, and traders can use it to determine the average amount a DNT'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 = 0.0798
| Best Portfolio | Best Equity | |||
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| Small Returns | DNT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.19 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average DNT is performing at about 6% 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 DNT by adding it to a well-diversified portfolio.
About DNT Performance
By analyzing DNT's fundamental ratios, stakeholders can gain valuable insights into DNT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DNT 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 DNT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DNT is peer-to-peer digital currency powered by the Blockchain technology.| DNT is way too risky over 90 days horizon | |
| DNT has some characteristics of a very speculative cryptocurrency | |
| DNT appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DNT. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.