XT Token Performance
| XT Crypto | USD 5.30 0.20 3.92% |
The entity owns a Beta (Systematic Risk) of 0.0472, which attests to not very significant fluctuations relative to the market. As returns on the market increase, XT Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding XT Token is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in XT Token are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, XT Token exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
XT Token |
XT Token Relative Risk vs. Return Landscape
If you would invest 0.00 in XT Token on November 3, 2024 and sell it today you would earn a total of 530.00 from holding XT Token or generate 9.223372036854776E16% return on investment over 90 days. XT Token is currently producing 15.3811% returns and takes up 124.0418% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than XT Token, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
XT Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XT Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XT Token, and traders can use it to determine the average amount a XT Token'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 = 0.124
| Best Portfolio | Best Equity | XT | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 124.04 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average XT Token is performing at about 9% 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 XT Token by adding it to a well-diversified portfolio.
About XT Token Performance
By analyzing XT Token's fundamental ratios, stakeholders can gain valuable insights into XT Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XT Token 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 XT Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
XT.com Token is peer-to-peer digital currency powered by the Blockchain technology.| XT Token is way too risky over 90 days horizon | |
| XT Token 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 XT Token. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.