MTA Performance
| MTA Crypto | USD 0.02 0.01 40.42% |
The crypto owns a Beta (Systematic Risk) of -4.61, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning MTA are expected to decrease by larger amounts. On the other hand, during market turmoil, MTA is expected to outperform it.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in MTA are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, MTA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
MTA |
MTA Relative Risk vs. Return Landscape
If you would invest 2.84 in MTA on August 26, 2024 and sell it today you would lose (0.85) from holding MTA or give up 29.93% of portfolio value over 90 days. MTA is generating 2.6592% of daily returns assuming 26.3608% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than MTA 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 |
MTA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MTA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MTA, and traders can use it to determine the average amount a MTA'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 = 0.1009
| Best Portfolio | Best Equity | |||
| Good Returns | MTA | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 26.36 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.66 actual daily | 53 53% of assets have lower returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average MTA is performing at about 7% 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 MTA by adding it to a well-diversified portfolio.
About MTA Performance
By analyzing MTA's fundamental ratios, stakeholders can gain valuable insights into MTA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MTA 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 MTA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MTA is peer-to-peer digital currency powered by the Blockchain technology.| MTA is way too risky over 90 days horizon | |
| MTA has some characteristics of a very speculative cryptocurrency | |
| MTA 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 MTA. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.