Velodrome Finance Performance
| VELOD Crypto | USD 0.10 0 2.35% |
The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Velodrome Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Velodrome Finance is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Velodrome Finance are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Velodrome Finance exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Velodrome |
Velodrome Finance Relative Risk vs. Return Landscape
If you would invest 8.11 in Velodrome Finance on August 27, 2024 and sell it today you would earn a total of 1.89 from holding Velodrome Finance or generate 23.3% return on investment over 90 days. Velodrome Finance is generating 0.5055% of daily returns and assumes 6.2944% volatility on return distribution over the 90 days horizon. Simply put, 56% of crypto coins are less volatile than Velodrome, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Velodrome Finance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Velodrome Finance's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Velodrome Finance, and traders can use it to determine the average amount a Velodrome Finance'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 = 0.0803
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.29 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Velodrome Finance is performing at about 6% 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 Velodrome Finance by adding it to a well-diversified portfolio.
About Velodrome Finance Performance
By analyzing Velodrome Finance's fundamental ratios, stakeholders can gain valuable insights into Velodrome Finance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Velodrome Finance 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 Velodrome Finance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Velodrome Finance is peer-to-peer digital currency powered by the Blockchain technology.| Velodrome Finance is way too risky over 90 days horizon | |
| Velodrome Finance has some characteristics of a very speculative cryptocurrency | |
| Velodrome Finance 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 Velodrome Finance. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.