Adventure Gold Performance
| AGLD Crypto | USD 2.74 0.12 4.20% |
The crypto shows a Beta (market volatility) of -1.33, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Adventure Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Adventure Gold is expected to outperform it.
Risk-Adjusted Performance
13 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Adventure Gold are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Adventure Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Adventure |
Adventure Gold Relative Risk vs. Return Landscape
If you would invest 95.00 in Adventure Gold on October 6, 2024 and sell it today you would earn a total of 179.00 from holding Adventure Gold or generate 188.42% return on investment over 90 days. Adventure Gold is generating 2.4531% of daily returns and assumes 13.809% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Adventure 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 |
| Risk |
Adventure Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adventure Gold's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Adventure Gold, and traders can use it to determine the average amount a Adventure Gold'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 = 0.1776
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 13.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.45 actual daily | 48 52% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Adventure Gold is performing at about 13% 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 Adventure Gold by adding it to a well-diversified portfolio.
About Adventure Gold Performance
By analyzing Adventure Gold's fundamental ratios, stakeholders can gain valuable insights into Adventure Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Adventure Gold 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 Adventure Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Adventure Gold is peer-to-peer digital currency powered by the Blockchain technology.| Adventure Gold is way too risky over 90 days horizon | |
| Adventure Gold appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adventure Gold. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.