Cosmos Performance
| ATOM Crypto | USD 8.57 0.20 2.28% |
The crypto shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cosmos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cosmos is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Cosmos are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Cosmos exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Cosmos |
Cosmos Relative Risk vs. Return Landscape
If you would invest 411.00 in Cosmos on September 2, 2024 and sell it today you would earn a total of 446.00 from holding Cosmos or generate 108.52% return on investment over 90 days. Cosmos is generating 1.243% of daily returns and assumes 5.0902% volatility on return distribution over the 90 days horizon. Simply put, 45% of crypto coins are less volatile than Cosmos, and 76% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cosmos Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cosmos' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Cosmos, and traders can use it to determine the average amount a Cosmos' 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 = 0.2442
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Estimated Market Risk
| 5.09 actual daily | 45 55% of assets are more volatile |
Expected Return
| 1.24 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Cosmos is performing at about 19% 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 Cosmos by adding it to a well-diversified portfolio.
About Cosmos Performance
By analyzing Cosmos' fundamental ratios, stakeholders can gain valuable insights into Cosmos' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cosmos 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 Cosmos has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cosmos is peer-to-peer digital currency powered by the Blockchain technology.| Cosmos is way too risky over 90 days horizon | |
| Cosmos 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 Cosmos. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.