Mira Performance
| MIRA Crypto | USD 0.14 0.01 6.67% |
The crypto secures a Beta (Market Risk) of -1.0, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Mira are expected to decrease slowly. On the other hand, during market turmoil, Mira is expected to outperform it slightly.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Mira are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Mira exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Mira |
Mira Relative Risk vs. Return Landscape
If you would invest 0.00 in Mira on October 17, 2025 and sell it today you would earn a total of 14.00 from holding Mira or generate 9.223372036854776E16% return on investment over 90 days. Mira is generating 14.6076% of daily returns and assumes 125.2989% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Mira 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 |
Mira Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mira's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Mira, and traders can use it to determine the average amount a Mira'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 = 0.1166
| High Returns | Best Equity | MIRA | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average Mira 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 Mira by adding it to a well-diversified portfolio.
About Mira Performance
By analyzing Mira's fundamental ratios, stakeholders can gain valuable insights into Mira's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mira 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 Mira has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mira is peer-to-peer digital currency powered by the Blockchain technology.| Mira is way too risky over 90 days horizon | |
| Mira has some characteristics of a very speculative cryptocurrency | |
| Mira 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 Mira. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.