IoTeX Network Financials
| IOTX Crypto | USD 0.02 0 16.59% |
IoTeX |
Please note, the presentation of IoTeX Network'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, IoTeX Network's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IoTeX Network's management manipulating its earnings.
IoTeX Network Crypto Summary
IoTeX Network competes with ORN, Staked Ether, Phala Network, and EigenLayer. IoTeX Network 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 |
IoTeX Network Systematic Risk
IoTeX Network's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IoTeX Network 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on IoTeX Network correlated with the market. If Beta is less than 0 IoTeX Network generally moves in the opposite direction as compared to the market. If IoTeX Network Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IoTeX Network is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IoTeX Network is generally in the same direction as the market. If Beta > 1 IoTeX Network moves generally in the same direction as, but more than the movement of the benchmark.
IoTeX Network March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IoTeX Network help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IoTeX Network. We use our internally-developed statistical techniques to arrive at the intrinsic value of IoTeX Network based on widely used predictive technical indicators. In general, we focus on analyzing IoTeX Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IoTeX Network's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 60.85 | |||
| Value At Risk | (11.23) | |||
| Potential Upside | 14.45 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IoTeX Network. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.