CVP Performance
| CVP Crypto | USD 0.1 0.0002 0.21% |
The crypto shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CVP's returns are expected to increase less than the market. However, during the bear market, the loss of holding CVP is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in CVP are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, CVP exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
CVP |
CVP Relative Risk vs. Return Landscape
If you would invest 12.00 in CVP on November 19, 2024 and sell it today you would lose (2.39) from holding CVP or give up 19.92% of portfolio value over 90 days. CVP is generating 7.221% of daily returns assuming 71.3225% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than CVP on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CVP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CVP, and traders can use it to determine the average amount a CVP'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 = 0.1012
| Best Portfolio | Best Equity | CVP | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 71.32 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
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average CVP is performing at about 7% 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 CVP by adding it to a well-diversified portfolio.
About CVP Performance
By analyzing CVP's fundamental ratios, stakeholders can gain valuable insights into CVP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CVP 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 CVP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CVP is peer-to-peer digital currency powered by the Blockchain technology.| CVP is way too risky over 90 days horizon | |
| CVP has some characteristics of a very speculative cryptocurrency | |
| CVP appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVP. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.