Play Performance
| PLAY Crypto | USD 0.04 0.0002 0.48% |
The crypto holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Play are expected to decrease at a much lower rate. During the bear market, Play is likely to outperform the market.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Play are ranked lower than 10 (%) 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 0.00 in Play on October 11, 2025 and sell it today you would earn a total of 4.18 from holding Play or generate 9.223372036854776E16% return on investment over 90 days. Play is generating 16.8571% of daily returns and assumes 126.0873% 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 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Play's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Play, and traders can use it to determine the average amount a Play'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 = 0.1337
| High Returns | Best Equity | PLAY | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Based on monthly moving average Play 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 Play by adding it to a well-diversified portfolio.
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.