MITH Performance
| MITH Crypto | USD 0.0002 0.000026 16.46% |
The crypto secures a Beta (Market Risk) of 23.15, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MITH will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days MITH has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's fundamental indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for MITH shareholders. ...more
1 | Trumps new SEC leadership poised to kick start crypto overhaul, sources say - Reuters | 01/15/2025 |
MITH |
MITH Relative Risk vs. Return Landscape
If you would invest 0.86 in MITH on December 1, 2024 and sell it today you would lose (0.84) from holding MITH or give up 97.87% of portfolio value over 90 days. MITH is generating negative expected returns and assumes 15.3036% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than MITH 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 |
MITH Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MITH's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MITH, and traders can use it to determine the average amount a MITH'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 = -0.092
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MITH |
Estimated Market Risk
| 15.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MITH 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 MITH by adding MITH to a well-diversified portfolio.
About MITH Performance
By analyzing MITH's fundamental ratios, stakeholders can gain valuable insights into MITH's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MITH 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 MITH has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MITH is peer-to-peer digital currency powered by the Blockchain technology.| MITH generated a negative expected return over the last 90 days | |
| MITH has high historical volatility and very poor performance | |
| MITH has some characteristics of a very speculative cryptocurrency |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MITH. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.