Play Performance
| PLAY Crypto | USD 0.11 0.01 10.66% |
The crypto holds a Beta of 1.89, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Play will likely underperform.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Play are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Play exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Play |
Play Relative Risk vs. Return Landscape
If you would invest 2.13 in Play on November 2, 2025 and sell it today you would earn a total of 8.87 from holding Play or generate 416.43% return on investment over 90 days. Play is generating 3.4003% of daily returns and assumes 15.0031% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Play 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 |
Play Target Price Odds to finish over Current Price
The tendency of Play Crypto Coin price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.11 | 90 days | 0.11 | near 1 |
Based on a normal probability distribution, the odds of Play to move above the current price in 90 days from now is near 1 (This Play probability density function shows the probability of Play Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.89 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Play will likely underperform. In addition to that Play has an alpha of 3.3243, implying that it can generate a 3.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Play Price Density |
| Price |
Predictive Modules for Play
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Play. Regardless of method or technology, however, to accurately forecast the crypto coin market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the crypto coin market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Play Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Play is not an exception. The market had few large corrections towards the Play's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Play, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Play within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.32 | |
β | Beta against Dow Jones | 1.89 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.22 |
Play Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Play for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Play can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Play is way too risky over 90 days horizon | |
| Play has some characteristics of a very speculative cryptocurrency | |
| Play appears to be risky and price may revert if volatility continues |
About Play Performance
By analyzing Play's fundamental ratios, stakeholders can gain valuable insights into Play's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Play 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 Play has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Play is peer-to-peer digital currency powered by the Blockchain technology.| Play is way too risky over 90 days horizon | |
| Play has some characteristics of a very speculative cryptocurrency | |
| Play 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 Play. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.