Hivemapper Performance
| HONEY Crypto | USD 0.04 0.0001 0.24% |
The crypto retains a Market Volatility (i.e., Beta) of -0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hivemapper are expected to decrease at a much lower rate. During the bear market, Hivemapper is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Hivemapper 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 fundamental indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for Hivemapper shareholders. ...more
1 | Donald Trump plans to make America the crypto capital of the world, Eric Trump says - Quartz | 12/09/2024 |
Hivemapper |
Hivemapper Relative Risk vs. Return Landscape
If you would invest 7.06 in Hivemapper on November 18, 2024 and sell it today you would lose (2.88) from holding Hivemapper or give up 40.79% of portfolio value over 90 days. Hivemapper is generating negative expected returns and assumes 9.304% volatility on return distribution over the 90 days horizon. Simply put, 82% of crypto coins are less volatile than Hivemapper, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hivemapper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hivemapper's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Hivemapper, and traders can use it to determine the average amount a Hivemapper'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 = -0.0428
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HONEY |
Estimated Market Risk
| 9.3 actual daily | 82 82% of assets are less volatile |
Expected Return
| -0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hivemapper 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 Hivemapper by adding Hivemapper to a well-diversified portfolio.
About Hivemapper Performance
By analyzing Hivemapper's fundamental ratios, stakeholders can gain valuable insights into Hivemapper's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hivemapper 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 Hivemapper has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hivemapper is peer-to-peer digital currency powered by the Blockchain technology.| Hivemapper generated a negative expected return over the last 90 days | |
| Hivemapper has high historical volatility and very poor performance | |
| Hivemapper 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 Hivemapper. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..