Orbs Performance
| ORBS Crypto | USD 0.03 0 5.21% |
The crypto holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Orbs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Orbs is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Orbs are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Orbs exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Orbs |
Orbs Relative Risk vs. Return Landscape
If you would invest 2.45 in Orbs on August 26, 2024 and sell it today you would earn a total of 0.78 from holding Orbs or generate 31.84% return on investment over 90 days. Orbs is generating 0.5243% of daily returns and assumes 4.6319% volatility on return distribution over the 90 days horizon. Simply put, 41% of crypto coins are less volatile than Orbs, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Orbs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orbs' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Orbs, and traders can use it to determine the average amount a Orbs' 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 = 0.1132
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Estimated Market Risk
| 4.63 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Orbs is performing at about 8% 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 Orbs by adding it to a well-diversified portfolio.
About Orbs Performance
By analyzing Orbs' fundamental ratios, stakeholders can gain valuable insights into Orbs' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Orbs 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 Orbs has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Orbs is peer-to-peer digital currency powered by the Blockchain technology.| Orbs has some characteristics of a very speculative cryptocurrency | |
| Orbs appears to be risky and price may revert if volatility continues |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orbs. 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.