STRAX Performance
| STRAX Crypto | USD 0.06 0 1.65% |
The entity has a beta of -0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning STRAX are expected to decrease at a much lower rate. During the bear market, STRAX is likely to outperform the market.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in STRAX are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, STRAX exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Brazils Galipolo sees surge in crypto use, says 90 percent of flow tied to stablecoins - Reuters | 02/06/2025 |
STRAX |
STRAX Relative Risk vs. Return Landscape
If you would invest 5.82 in STRAX on November 18, 2024 and sell it today you would earn a total of 0.13 from holding STRAX or generate 2.23% return on investment over 90 days. STRAX is generating 0.3212% of daily returns and assumes 7.7842% volatility on return distribution over the 90 days horizon. Simply put, 69% of crypto coins are less volatile than STRAX, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
STRAX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STRAX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as STRAX, and traders can use it to determine the average amount a STRAX'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 = 0.0413
| Best Portfolio | Best Equity | |||
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| Small Returns | STRAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.78 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average STRAX is performing at about 3% 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 STRAX by adding it to a well-diversified portfolio.
About STRAX Performance
By analyzing STRAX's fundamental ratios, stakeholders can gain valuable insights into STRAX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if STRAX 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 STRAX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
STRAX is peer-to-peer digital currency powered by the Blockchain technology.| STRAX had very high historical volatility over the last 90 days | |
| STRAX has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Brazils Galipolo sees surge in crypto use, says 90 percent of flow tied to stablecoins - Reuters |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STRAX. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.