HC Performance
| HC Crypto | USD 0.02 0.0006 2.93% |
The crypto retains a Market Volatility (i.e., Beta) of -0.0771, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HC are expected to decrease at a much lower rate. During the bear market, HC is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days HC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, HC is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Cryptocurrency exchange network accused of helping Russia hit with sanctions - Yahoo Voices | 09/26/2024 |
HC |
HC Relative Risk vs. Return Landscape
If you would invest 2.20 in HC on August 28, 2024 and sell it today you would lose (0.21) from holding HC or give up 9.55% of portfolio value over 90 days. HC is currently producing negative expected returns and takes up 4.6878% volatility of returns over 90 trading days. Put another way, 41% of traded crypto coins are less volatile than HC, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
HC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as HC, and traders can use it to determine the average amount a HC'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 = -0.0103
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HC |
Estimated Market Risk
| 4.69 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HC 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 HC by adding HC to a well-diversified portfolio.
About HC Performance
By analyzing HC's fundamental ratios, stakeholders can gain valuable insights into HC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HC 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 HC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HC is peer-to-peer digital currency powered by the Blockchain technology.| HC generated a negative expected return over the last 90 days | |
| HC has some characteristics of a very speculative cryptocurrency | |
| HC has high historical volatility and very poor performance |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HC. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.