Midnight Performance
| NIGHT Crypto | USD 0.08 0 2.08% |
The crypto secures a Beta (Market Risk) of -1.86, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Midnight are expected to decrease by larger amounts. On the other hand, during market turmoil, Midnight is expected to outperform it.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Midnight are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Midnight exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Midnight |
Midnight Relative Risk vs. Return Landscape
If you would invest 0.00 in Midnight on September 26, 2025 and sell it today you would earn a total of 7.97 from holding Midnight or generate 9.223372036854776E16% return on investment over 90 days. Midnight is generating 16.849% of daily returns and assumes 124.3564% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Midnight 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 |
Midnight Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midnight's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Midnight, and traders can use it to determine the average amount a Midnight'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 = 0.1355
| Best Portfolio | Best Equity | NIGHT | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Based on monthly moving average Midnight is performing at about 10% 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 Midnight by adding it to a well-diversified portfolio.
About Midnight Performance
By analyzing Midnight's fundamental ratios, stakeholders can gain valuable insights into Midnight's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Midnight 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 Midnight has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Midnight is peer-to-peer digital currency powered by the Blockchain technology.| Midnight is way too risky over 90 days horizon | |
| Midnight has some characteristics of a very speculative cryptocurrency | |
| Midnight 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 Midnight. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.