CHP Performance
| CHP Crypto | USD 0.000037 0.000004 12.12% |
The crypto shows a Beta (market volatility) of 1.5, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CHP will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days CHP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for CHP shareholders. ...more
CHP |
CHP Relative Risk vs. Return Landscape
If you would invest 0.02 in CHP on August 30, 2024 and sell it today you would lose (0.02) from holding CHP or give up 81.59% of portfolio value over 90 days. CHP is producing return of less than zero assuming 11.6566% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than CHP 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 |
CHP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CHP, and traders can use it to determine the average amount a CHP'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 = -0.0626
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CHP |
Estimated Market Risk
| 11.66 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.73 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CHP 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 CHP by adding CHP to a well-diversified portfolio.
About CHP Performance
By analyzing CHP's fundamental ratios, stakeholders can gain valuable insights into CHP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CHP 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 CHP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CHP is peer-to-peer digital currency powered by the Blockchain technology.| CHP generated a negative expected return over the last 90 days | |
| CHP has high historical volatility and very poor performance | |
| CHP has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CHP. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.