Phala Network Financials
| PHA Crypto | USD 0.35 0.01 2.78% |
Phala |
Please note, the presentation of Phala 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, Phala Network's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Phala Network's management manipulating its earnings.
Phala Network Crypto Summary
Phala Network competes with Staked Ether, EigenLayer, and Tokocrypto. Phala 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 |
Phala Network Systematic Risk
Phala Network's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Phala 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Phala Network correlated with the market. If Beta is less than 0 Phala Network generally moves in the opposite direction as compared to the market. If Phala Network Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Phala Network is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Phala Network is generally in the same direction as the market. If Beta > 1 Phala Network moves generally in the same direction as, but more than the movement of the benchmark.
Phala Network January 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Phala Network help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Phala Network. We use our internally-developed statistical techniques to arrive at the intrinsic value of Phala Network based on widely used predictive technical indicators. In general, we focus on analyzing Phala Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Phala Network's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.75 | |||
| Information Ratio | 0.1572 | |||
| Maximum Drawdown | 120.33 | |||
| Value At Risk | (11.36) | |||
| Potential Upside | 15.38 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phala 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.