NEBL Performance
| NEBL Crypto | USD 0 0.09 95.31% |
The crypto owns a Beta (Systematic Risk) of -0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NEBL are expected to decrease at a much lower rate. During the bear market, NEBL is likely to outperform the market.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NEBL are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, NEBL exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
NEBL |
NEBL Relative Risk vs. Return Landscape
If you would invest 0.72 in NEBL on December 19, 2024 and sell it today you would lose (0.28) from holding NEBL or give up 38.38% of portfolio value over 90 days. NEBL is generating 13.7687% of daily returns and assumes 126.9509% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than NEBL 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 |
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NEBL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEBL's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as NEBL, and traders can use it to determine the average amount a NEBL'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 = 0.1085
| Best Portfolio | Best Equity | NEBL | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 126.95 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average NEBL is performing at about 8% 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 NEBL by adding it to a well-diversified portfolio.
About NEBL Performance
By analyzing NEBL's fundamental ratios, stakeholders can gain valuable insights into NEBL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NEBL 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 NEBL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NEBL is peer-to-peer digital currency powered by the Blockchain technology.| NEBL is way too risky over 90 days horizon | |
| NEBL has some characteristics of a very speculative cryptocurrency | |
| NEBL appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEBL. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.