True USD Performance
| TUSD Crypto | USD 1.00 0.00 0.00% |
The entity has a beta of -0.0199, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning True USD are expected to decrease at a much lower rate. During the bear market, True USD is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days True USD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, True USD is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
True |
True USD Relative Risk vs. Return Landscape
If you would invest 100.00 in True USD on August 26, 2024 and sell it today you would earn a total of 0.00 from holding True USD or generate 0.0% return on investment over 90 days. True USD is generating 6.0E-4% of daily returns and assumes 0.3526% volatility on return distribution over the 90 days horizon. Simply put, 3% of crypto coins are less volatile than True, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
True USD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for True USD's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as True USD, and traders can use it to determine the average amount a True USD'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 = 0.0017
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TUSD |
Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average True USD 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 True USD by adding True USD to a well-diversified portfolio.
About True USD Performance
By analyzing True USD's fundamental ratios, stakeholders can gain valuable insights into True USD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if True USD 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 True USD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
True USD is peer-to-peer digital currency powered by the Blockchain technology.| True USD has some characteristics of a very speculative cryptocurrency |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True USD. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.