Melania Meme Performance
| MELANIA Crypto | USD 2.21 0.03 1.34% |
The crypto secures a Beta (Market Risk) of -1.0, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Melania Meme are expected to decrease slowly. On the other hand, during market turmoil, Melania Meme is expected to outperform it slightly.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Melania Meme are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, Melania Meme sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Melania |
Melania Meme Relative Risk vs. Return Landscape
If you would invest 0.00 in Melania Meme on November 1, 2024 and sell it today you would earn a total of 221.00 from holding Melania Meme or generate 9.223372036854776E16% return on investment over 90 days. Melania Meme is generating 14.9614% of daily returns and assumes 126.1763% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Melania 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 |
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Melania Meme Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Melania Meme's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Melania Meme, and traders can use it to determine the average amount a Melania Meme'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 = 0.1186
| Best Portfolio | Best Equity | MELANIA | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 126.18 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 Melania Meme 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 Melania Meme by adding it to a well-diversified portfolio.
About Melania Meme Performance
By analyzing Melania Meme's fundamental ratios, stakeholders can gain valuable insights into Melania Meme's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Melania Meme 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 Melania Meme has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Melania Meme is peer-to-peer digital currency powered by the Blockchain technology.| Melania Meme is way too risky over 90 days horizon | |
| Melania Meme 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 Melania Meme. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.