SafePal Performance
| SFP Crypto | USD 0.54 0.01 1.89% |
The entity has a beta of -0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SafePal are expected to decrease at a much lower rate. During the bear market, SafePal is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SafePal has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Crypto's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for SafePal shareholders. ...more
SafePal |
SafePal Relative Risk vs. Return Landscape
If you would invest 63.00 in SafePal on December 18, 2024 and sell it today you would lose (9.00) from holding SafePal or give up 14.29% of portfolio value over 90 days. SafePal is producing return of less than zero assuming 3.0376% volatility of returns over the 90 days investment horizon. Simply put, 27% of all crypto coins have less volatile historical return distribution than SafePal, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SafePal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SafePal's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SafePal, and traders can use it to determine the average amount a SafePal'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 = -0.0654
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SFP |
Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SafePal 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 SafePal by adding SafePal to a well-diversified portfolio.
About SafePal Performance
By analyzing SafePal's fundamental ratios, stakeholders can gain valuable insights into SafePal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SafePal 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 SafePal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SafePal is peer-to-peer digital currency powered by the Blockchain technology.| SafePal generated a negative expected return over the last 90 days | |
| SafePal has some characteristics of a very speculative cryptocurrency | |
| SafePal has high historical volatility and very poor performance |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SafePal. 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 Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.