Sonic Labs Performance
| S Crypto | USD 0.56 0.01 1.75% |
The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sonic Labs are expected to decrease at a much lower rate. During the bear market, Sonic Labs is likely to outperform the market.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Sonic Labs are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Sonic Labs exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Sonic |
Sonic Labs Relative Risk vs. Return Landscape
If you would invest 0.00 in Sonic Labs on November 3, 2024 and sell it today you would earn a total of 56.00 from holding Sonic Labs or generate 9.223372036854776E16% return on investment over 90 days. Sonic Labs is currently generating 15.1904% in daily expected returns and assumes 125.1177% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Sonic, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sonic Labs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonic Labs' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Sonic Labs, and traders can use it to determine the average amount a Sonic Labs' 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 = 0.1214
| Best Portfolio | Best Equity | S | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 125.12 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sonic Labs is performing at about 9% 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 Sonic Labs by adding it to a well-diversified portfolio.
About Sonic Labs Performance
By analyzing Sonic Labs' fundamental ratios, stakeholders can gain valuable insights into Sonic Labs' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sonic Labs 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 Sonic Labs has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Sonic Labs is peer-to-peer digital currency powered by the Blockchain technology.| Sonic Labs is way too risky over 90 days horizon | |
| Sonic Labs has some characteristics of a very speculative cryptocurrency | |
| Sonic Labs appears to be risky and price may revert if volatility continues |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Labs. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.