XMR Performance
| XMR Crypto | USD 160.98 0.40 0.25% |
The entity maintains a market beta of -0.0605, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning XMR are expected to decrease at a much lower rate. During the bear market, XMR is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in XMR are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, XMR is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Logan Paul Sends Lookalike to Answer Questions About Crypto Accusations in BBC Doc - Variety | 11/20/2024 |
XMR |
XMR Relative Risk vs. Return Landscape
If you would invest 15,574 in XMR on August 24, 2024 and sell it today you would earn a total of 524.00 from holding XMR or generate 3.36% return on investment over 90 days. XMR is generating 0.0943% of daily returns assuming 2.9297% volatility of returns over the 90 days investment horizon. Simply put, 26% of all crypto coins have less volatile historical return distribution than XMR, and 99% 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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XMR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XMR's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XMR, and traders can use it to determine the average amount a XMR'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 = 0.0322
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| Cash | Small Risk | XMR | High Risk | Huge Risk |
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average XMR is performing at about 2% 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 XMR by adding it to a well-diversified portfolio.
About XMR Performance
By analyzing XMR's fundamental ratios, stakeholders can gain valuable insights into XMR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XMR 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 XMR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
XMR is peer-to-peer digital currency powered by the Blockchain technology.| Latest headline from news.google.com: Logan Paul Sends Lookalike to Answer Questions About Crypto Accusations in BBC Doc - Variety |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XMR. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.