GXC Performance
| GXC Crypto | USD 0.30 0.00 0.00% |
The crypto owns a Beta (Systematic Risk) of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GXC are expected to decrease at a much lower rate. During the bear market, GXC is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days GXC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, GXC is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
GXC |
GXC Relative Risk vs. Return Landscape
If you would invest 30.00 in GXC on August 30, 2024 and sell it today you would earn a total of 0.00 from holding GXC or generate 0.0% return on investment over 90 days. GXC is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than GXC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GXC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GXC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as GXC, and traders can use it to determine the average amount a GXC'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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| GXC |
Based on monthly moving average GXC 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 GXC by adding GXC to a well-diversified portfolio.
About GXC Performance
By analyzing GXC's fundamental ratios, stakeholders can gain valuable insights into GXC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GXC 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 GXC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GXC is peer-to-peer digital currency powered by the Blockchain technology.| GXC is not yet fully synchronised with the market data | |
| GXC has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Bitcoin rockets toward 100,000 as Trump reportedly considers appointing a crypto czar - Yahoo Finance |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.