Chia Performance
| XCH Crypto | USD 24.83 8.87 55.58% |
The crypto shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chia is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Chia are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical indicators, Chia exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Chia |
Chia Relative Risk vs. Return Landscape
If you would invest 1,419 in Chia on August 26, 2024 and sell it today you would earn a total of 1,064 from holding Chia or generate 74.98% return on investment over 90 days. Chia is generating 1.1516% of daily returns assuming 8.6028% volatility of returns over the 90 days investment horizon. Simply put, 76% of all crypto coins have less volatile historical return distribution than Chia, and 78% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Chia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chia's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Chia, and traders can use it to determine the average amount a Chia'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 = 0.1339
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.6 actual daily | 76 76% of assets are less volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Chia is performing at about 10% 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 Chia by adding it to a well-diversified portfolio.
About Chia Performance
By analyzing Chia's fundamental ratios, stakeholders can gain valuable insights into Chia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Chia 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 Chia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Chia is peer-to-peer digital currency powered by the Blockchain technology.| Chia is way too risky over 90 days horizon | |
| Chia appears to be risky and price may revert if volatility continues |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Chia. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.