HPB Performance
| HPB Crypto | USD 0.01 0.000004 0.07% |
The crypto owns a Beta (Systematic Risk) of 7.89, which attests to 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, HPB will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in HPB are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental drivers, HPB exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
HPB |
HPB Relative Risk vs. Return Landscape
If you would invest 0.26 in HPB on August 30, 2024 and sell it today you would earn a total of 0.28 from holding HPB or generate 107.77% return on investment over 90 days. HPB is generating 5.6362% of daily returns assuming 48.0349% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than HPB 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 |
HPB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HPB's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as HPB, and traders can use it to determine the average amount a HPB'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 = 0.1173
| Best Portfolio | Best Equity | HPB | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 48.03 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average HPB is performing at about 9% 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 HPB by adding it to a well-diversified portfolio.
About HPB Performance
By analyzing HPB's fundamental ratios, stakeholders can gain valuable insights into HPB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HPB 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 HPB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HPB is peer-to-peer digital currency powered by the Blockchain technology.| HPB is way too risky over 90 days horizon | |
| HPB has some characteristics of a very speculative cryptocurrency | |
| HPB appears to be risky and price may revert if volatility continues |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HPB. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.