Render Token Performance
| RNDR Crypto | USD 3.23 0.03 0.92% |
The crypto holds a Beta of -0.68, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Render Token are expected to decrease at a much lower rate. During the bear market, Render Token is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Render Token has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak 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 Render Token shareholders. ...more
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Render Token Relative Risk vs. Return Landscape
If you would invest 737.00 in Render Token on December 19, 2024 and sell it today you would lose (414.00) from holding Render Token or give up 56.17% of portfolio value over 90 days. Render Token is generating negative expected returns and assumes 6.1478% volatility on return distribution over the 90 days horizon. Simply put, 54% of crypto coins are less volatile than Render, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Render Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Render Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Render Token, and traders can use it to determine the average amount a Render Token'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 = -0.1801
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RNDR |
Estimated Market Risk
| 6.15 actual daily | 54 54% of assets are less volatile |
Expected Return
| -1.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Render Token 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 Render Token by adding Render Token to a well-diversified portfolio.
About Render Token Performance
By analyzing Render Token's fundamental ratios, stakeholders can gain valuable insights into Render Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Render Token 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 Render Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Render Token is peer-to-peer digital currency powered by the Blockchain technology.| Render Token generated a negative expected return over the last 90 days | |
| Render Token has high historical volatility and very poor performance |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Render Token. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.