PRO Performance

PRO Crypto  USD 1.39  0.01  0.71%   
The crypto holds a Beta of 0.0337, which implies not very significant fluctuations relative to the market. As returns on the market increase, PRO's returns are expected to increase less than the market. However, during the bear market, the loss of holding PRO is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in PRO are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, PRO exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
  

PRO Relative Risk vs. Return Landscape

If you would invest  108.00  in PRO on September 12, 2024 and sell it today you would earn a total of  31.00  from holding PRO or generate 28.7% return on investment over 90 days. PRO is generating 0.8474% of daily returns assuming 10.8122% volatility of returns over the 90 days investment horizon. Simply put, 96% of all crypto coins have less volatile historical return distribution than PRO, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon PRO is expected to generate 14.7 times more return on investment than the market. However, the company is 14.7 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.16 per unit of risk.

PRO Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for PRO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as PRO, and traders can use it to determine the average amount a PRO'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 = 0.0784

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Estimated Market Risk

 10.81
  actual daily
96
96% of assets are less volatile

Expected Return

 0.85
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average PRO is performing at about 6% 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 PRO by adding it to a well-diversified portfolio.

About PRO Performance

By analyzing PRO's fundamental ratios, stakeholders can gain valuable insights into PRO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PRO 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 PRO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
PRO is peer-to-peer digital currency powered by the Blockchain technology.
PRO is way too risky over 90 days horizon
PRO may become a speculative penny crypto
PRO appears to be risky and price may revert if volatility continues
When determining whether PRO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PRO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pro Crypto.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRO. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between PRO's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine PRO value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, PRO's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.