Celestia Performance
| TIA Crypto | USD 8.13 0.09 1.12% |
The crypto shows a Beta (market volatility) of 1.21, which signifies 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, Celestia will likely underperform.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Celestia are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Celestia exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Celestia |
Celestia Relative Risk vs. Return Landscape
If you would invest 405.00 in Celestia on August 31, 2024 and sell it today you would earn a total of 408.00 from holding Celestia or generate 100.74% return on investment over 90 days. Celestia is generating 1.307% of daily returns assuming 6.9384% volatility of returns over the 90 days investment horizon. Simply put, 61% of all crypto coins have less volatile historical return distribution than Celestia, and 74% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Celestia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Celestia's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Celestia, and traders can use it to determine the average amount a Celestia'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 = 0.1884
| Best Portfolio | Best Equity | |||
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| Average Returns | TIA | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.94 actual daily | 61 61% of assets are less volatile |
Expected Return
| 1.31 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Celestia is performing at about 14% 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 Celestia by adding it to a well-diversified portfolio.
About Celestia Performance
By analyzing Celestia's fundamental ratios, stakeholders can gain valuable insights into Celestia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Celestia 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 Celestia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Celestia is peer-to-peer digital currency powered by the Blockchain technology.| Celestia is way too risky over 90 days horizon | |
| Celestia 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 Celestia. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..