Ionet Performance
| IO Crypto | USD 2.66 0.04 1.53% |
The crypto retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ionet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ionet is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ionet are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Ionet exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Ionet |
Ionet Relative Risk vs. Return Landscape
If you would invest 232.00 in ionet on August 23, 2024 and sell it today you would earn a total of 34.00 from holding ionet or generate 14.66% return on investment over 90 days. ionet is currently producing 0.4575% returns and takes up 7.1009% volatility of returns over 90 trading days. Put another way, 63% of traded crypto coins are less volatile than Ionet, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ionet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ionet's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ionet, and traders can use it to determine the average amount a Ionet'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 = 0.0644
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.1 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Ionet is performing at about 5% 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 Ionet by adding it to a well-diversified portfolio.
About Ionet Performance
By analyzing Ionet's fundamental ratios, stakeholders can gain valuable insights into Ionet's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ionet 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 Ionet has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
io.net is peer-to-peer digital currency powered by the Blockchain technology.| ionet had very high historical volatility over the last 90 days |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ionet. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.