Toncoin Performance
| TON Crypto | USD 5.53 0.23 4.34% |
The entity has a beta of 1.23, which indicates 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, Toncoin will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Toncoin has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Toncoin is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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Toncoin |
Toncoin Relative Risk vs. Return Landscape
If you would invest 593.00 in Toncoin on August 23, 2024 and sell it today you would lose (40.00) from holding Toncoin or give up 6.75% of portfolio value over 90 days. Toncoin is producing return of less than zero assuming 3.8533% volatility of returns over the 90 days investment horizon. Simply put, 34% of all crypto coins have less volatile historical return distribution than Toncoin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Toncoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toncoin's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Toncoin, and traders can use it to determine the average amount a Toncoin'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 = -0.0092
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TON |
Estimated Market Risk
| 3.85 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Toncoin is not performing at its full potential. However, 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 Toncoin by adding Toncoin to a well-diversified portfolio.
About Toncoin Performance
By analyzing Toncoin's fundamental ratios, stakeholders can gain valuable insights into Toncoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Toncoin 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 Toncoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Toncoin is peer-to-peer digital currency powered by the Blockchain technology.| Toncoin generated a negative expected return over the last 90 days | |
| Toncoin has high historical volatility and very poor performance |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toncoin. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.