LOOM Performance
| LOOM Crypto | USD 0.07 0 3.17% |
The crypto secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LOOM's returns are expected to increase less than the market. However, during the bear market, the loss of holding LOOM is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in LOOM are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, LOOM exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
LOOM |
LOOM Relative Risk vs. Return Landscape
If you would invest 4.43 in LOOM on August 27, 2024 and sell it today you would earn a total of 2.41 from holding LOOM or generate 54.4% return on investment over 90 days. LOOM is generating 0.9034% of daily returns and assumes 7.2512% volatility on return distribution over the 90 days horizon. Simply put, 64% of crypto coins are less volatile than LOOM, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
LOOM Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LOOM's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as LOOM, and traders can use it to determine the average amount a LOOM'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 = 0.1246
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.25 actual daily | 64 64% of assets are less volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average LOOM 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 LOOM by adding it to a well-diversified portfolio.
About LOOM Performance
By analyzing LOOM's fundamental ratios, stakeholders can gain valuable insights into LOOM's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LOOM 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 LOOM has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
LOOM is peer-to-peer digital currency powered by the Blockchain technology.| LOOM is way too risky over 90 days horizon | |
| LOOM has some characteristics of a very speculative cryptocurrency | |
| LOOM appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOOM. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.