HYDRO Performance
| HYDRO Crypto | USD 0.0003 0.00 0.00% |
The crypto retains a Market Volatility (i.e., Beta) of 0.005, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HYDRO's returns are expected to increase less than the market. However, during the bear market, the loss of holding HYDRO is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days HYDRO has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, HYDRO is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
HYDRO |
HYDRO Relative Risk vs. Return Landscape
If you would invest 0.03 in HYDRO on September 2, 2024 and sell it today you would earn a total of 0.00 from holding HYDRO or generate 0.0% return on investment over 90 days. HYDRO is generating negative expected returns and assumes 0.0541% volatility on return distribution over the 90 days horizon. Simply put, 0% of crypto coins are less volatile than HYDRO, 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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HYDRO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HYDRO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as HYDRO, and traders can use it to determine the average amount a HYDRO'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 = 3.0E-4
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Based on monthly moving average HYDRO 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 HYDRO by adding HYDRO to a well-diversified portfolio.
About HYDRO Performance
By analyzing HYDRO's fundamental ratios, stakeholders can gain valuable insights into HYDRO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HYDRO 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 HYDRO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HYDRO is peer-to-peer digital currency powered by the Blockchain technology.| HYDRO generated a negative expected return over the last 90 days | |
| HYDRO has some characteristics of a very speculative cryptocurrency |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HYDRO. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.