XRP Performance
| XRP Crypto | USD 1.47 0.22 17.60% |
The entity maintains a market beta of 0.94, which attests to possible diversification benefits within a given portfolio. XRP returns are very sensitive to returns on the market. As the market goes up or down, XRP is expected to follow.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in XRP are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, XRP exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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XRP |
XRP Relative Risk vs. Return Landscape
If you would invest 57.00 in XRP on August 26, 2024 and sell it today you would earn a total of 93.00 from holding XRP or generate 163.16% return on investment over 90 days. XRP is generating 1.647% of daily returns assuming 6.1817% volatility of returns over the 90 days investment horizon. Simply put, 55% of all crypto coins have less volatile historical return distribution than XRP, and 68% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
XRP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XRP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XRP, and traders can use it to determine the average amount a XRP'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 = 0.2664
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | XRP | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.18 actual daily | 55 55% of assets are less volatile |
Expected Return
| 1.65 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average XRP is performing at about 20% 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 XRP by adding it to a well-diversified portfolio.
About XRP Performance
By analyzing XRP's fundamental ratios, stakeholders can gain valuable insights into XRP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XRP 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 XRP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
XRP is peer-to-peer digital currency powered by the Blockchain technology.| XRP is way too risky over 90 days horizon | |
| XRP may become a speculative penny crypto | |
| XRP 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 XRP. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.