QASH Performance
| QASH Crypto | USD 0.02 0 7.86% |
The entity holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning QASH are expected to decrease at a much lower rate. During the bear market, QASH is likely to outperform the market.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in QASH are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, QASH exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
QASH |
QASH Relative Risk vs. Return Landscape
If you would invest 1.34 in QASH on December 2, 2024 and sell it today you would earn a total of 0.17 from holding QASH or generate 12.69% return on investment over 90 days. QASH is generating 0.5179% of daily returns and assumes 8.3808% volatility on return distribution over the 90 days horizon. Simply put, 74% of crypto coins are less volatile than QASH, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
QASH Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for QASH's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as QASH, and traders can use it to determine the average amount a QASH'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 = 0.0618
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | QASH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.38 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average QASH is performing at about 4% 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 QASH by adding it to a well-diversified portfolio.
About QASH Performance
By analyzing QASH's fundamental ratios, stakeholders can gain valuable insights into QASH's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if QASH 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 QASH has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
QASH is peer-to-peer digital currency powered by the Blockchain technology.| QASH is way too risky over 90 days horizon | |
| QASH has some characteristics of a very speculative cryptocurrency | |
| QASH appears to be risky and price may revert if volatility continues |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QASH. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.