EOSDAC Performance
| EOSDAC Crypto | USD 0.0004 0.0001 29.62% |
The crypto shows a Beta (market volatility) of 2.21, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, EOSDAC will likely underperform.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in EOSDAC are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, EOSDAC sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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EOSDAC |
EOSDAC Relative Risk vs. Return Landscape
If you would invest 0.02 in EOSDAC on August 26, 2024 and sell it today you would earn a total of 0.02 from holding EOSDAC or generate 100.0% return on investment over 90 days. EOSDAC is generating 1.9443% of daily returns and assumes 14.3736% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than EOSDAC 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 |
EOSDAC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EOSDAC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as EOSDAC, and traders can use it to determine the average amount a EOSDAC'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 = 0.1353
| Best Portfolio | Best Equity | |||
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| Average Returns | EOSDAC | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 14.37 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.94 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average EOSDAC is performing at about 10% 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 EOSDAC by adding it to a well-diversified portfolio.
About EOSDAC Performance
By analyzing EOSDAC's fundamental ratios, stakeholders can gain valuable insights into EOSDAC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EOSDAC 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 EOSDAC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EOSDAC is peer-to-peer digital currency powered by the Blockchain technology.| EOSDAC is way too risky over 90 days horizon | |
| EOSDAC has some characteristics of a very speculative cryptocurrency | |
| EOSDAC 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 EOSDAC. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.