NMC Performance
| NMC Crypto | USD 0.97 0.02 2.02% |
The crypto owns a Beta (Systematic Risk) of -0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NMC are expected to decrease at a much lower rate. During the bear market, NMC is likely to outperform the market.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NMC are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, NMC may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
1 | Trumps tariff threat sends crypto prices falling, including his own meme coin - The Associated Press | 02/03/2025 |
NMC |
NMC Relative Risk vs. Return Landscape
If you would invest 91.00 in NMC on December 30, 2024 and sell it today you would earn a total of 6.00 from holding NMC or generate 6.59% return on investment over 90 days. NMC is generating 0.1243% of daily returns assuming 2.2742% volatility of returns over the 90 days investment horizon. Simply put, 20% of all crypto coins have less volatile historical return distribution than NMC, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NMC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NMC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as NMC, and traders can use it to determine the average amount a NMC'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 = 0.0546
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | NMC | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average NMC is performing at about 4% 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 NMC by adding it to a well-diversified portfolio.
About NMC Performance
By analyzing NMC's fundamental ratios, stakeholders can gain valuable insights into NMC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NMC 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 NMC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NMC is peer-to-peer digital currency powered by the Blockchain technology.| NMC has some characteristics of a very speculative cryptocurrency |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMC. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.