FIRO Financials
| FIRO Crypto | USD 1.32 0.03 2.22% |
FIRO |
Please note, the presentation of FIRO's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, FIRO's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of FIRO's management manipulating its earnings.
FIRO Crypto Summary
FIRO competes with Staked Ether, Phala Network, EigenLayer, and Morpho. FIRO is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
FIRO Systematic Risk
FIRO's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FIRO volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on FIRO correlated with the market. If Beta is less than 0 FIRO generally moves in the opposite direction as compared to the market. If FIRO Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FIRO is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FIRO is generally in the same direction as the market. If Beta > 1 FIRO moves generally in the same direction as, but more than the movement of the benchmark.
FIRO February 17, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of FIRO help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FIRO. We use our internally-developed statistical techniques to arrive at the intrinsic value of FIRO based on widely used predictive technical indicators. In general, we focus on analyzing FIRO Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FIRO's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.19 | |||
| Information Ratio | 0.0593 | |||
| Maximum Drawdown | 98.9 | |||
| Value At Risk | (16.09) | |||
| Potential Upside | 14.81 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FIRO. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.