HQX Performance
The crypto retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and HQX are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days HQX has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, HQX is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
HQX |
HQX Relative Risk vs. Return Landscape
If you would invest (100.00) in HQX on December 19, 2024 and sell it today you would earn a total of 100.00 from holding HQX or generate -100.0% return on investment over 90 days. HQX is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than HQX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
HQX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HQX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as HQX, and traders can use it to determine the average amount a HQX'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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| HQX |
Based on monthly moving average HQX 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 HQX by adding HQX to a well-diversified portfolio.
| HQX is not yet fully synchronised with the market data | |
| HQX has some characteristics of a very speculative cryptocurrency |
Check out Risk vs Return Analysis 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 board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Tools for HQX Crypto Coin
When running HQX's price analysis, check to measure HQX's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy HQX is operating at the current time. Most of HQX's value examination focuses on studying past and present price actions to predict the probability of HQX's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move HQX's coin price. Additionally, you may evaluate how adding HQX to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |