ENCRYPG Performance
The crypto owns a Beta (Systematic Risk) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and ENCRYPG are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ENCRYPG has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, ENCRYPG is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
ENCRYPG |
ENCRYPG Relative Risk vs. Return Landscape
If you would invest (100.00) in ENCRYPG on December 20, 2024 and sell it today you would earn a total of 100.00 from holding ENCRYPG or generate -100.0% return on investment over 90 days. ENCRYPG is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of crypto coins are less volatile than ENCRYPG, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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ENCRYPG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENCRYPG's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ENCRYPG, and traders can use it to determine the average amount a ENCRYPG'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 = 0.0
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Based on monthly moving average ENCRYPG is not performing at its full potential. However, 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 ENCRYPG by adding ENCRYPG to a well-diversified portfolio.
| ENCRYPG is not yet fully synchronised with the market data | |
| ENCRYPG has some characteristics of a very speculative cryptocurrency |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Tools for ENCRYPG Crypto Coin
When running ENCRYPG's price analysis, check to measure ENCRYPG's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy ENCRYPG is operating at the current time. Most of ENCRYPG's value examination focuses on studying past and present price actions to predict the probability of ENCRYPG's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move ENCRYPG's coin price. Additionally, you may evaluate how adding ENCRYPG to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |