GFT Performance
| GFT Crypto | USD 0.01 0.0006 6.43% |
The crypto retains a Market Volatility (i.e., Beta) of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GFT are expected to decrease at a much lower rate. During the bear market, GFT is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days GFT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for GFT shareholders. ...more
GFT |
GFT Relative Risk vs. Return Landscape
If you would invest 1.96 in GFT on August 30, 2024 and sell it today you would lose (1.13) from holding GFT or give up 57.63% of portfolio value over 90 days. GFT is producing return of less than zero assuming 6.7689% volatility of returns over the 90 days investment horizon. Simply put, 60% of all crypto coins have less volatile historical return distribution than GFT, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GFT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GFT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as GFT, and traders can use it to determine the average amount a GFT'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 = -0.1535
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GFT |
Estimated Market Risk
| 6.77 actual daily | 60 60% of assets are less volatile |
Expected Return
| -1.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GFT 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 GFT by adding GFT to a well-diversified portfolio.
About GFT Performance
By analyzing GFT's fundamental ratios, stakeholders can gain valuable insights into GFT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GFT 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 GFT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GFT is peer-to-peer digital currency powered by the Blockchain technology.| GFT generated a negative expected return over the last 90 days | |
| GFT has high historical volatility and very poor performance | |
| GFT has some characteristics of a very speculative cryptocurrency |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GFT. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.