COTI Performance
| COTI Crypto | USD 0.15 0.01 7.14% |
The crypto shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, COTI's returns are expected to increase less than the market. However, during the bear market, the loss of holding COTI is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in COTI are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, COTI exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
COTI |
COTI Relative Risk vs. Return Landscape
If you would invest 7.89 in COTI on September 1, 2024 and sell it today you would earn a total of 7.11 from holding COTI or generate 90.11% return on investment over 90 days. COTI is generating 1.2886% of daily returns and assumes 8.0694% volatility on return distribution over the 90 days horizon. Simply put, 71% of crypto coins are less volatile than COTI, and 75% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
COTI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for COTI's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as COTI, and traders can use it to determine the average amount a COTI'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 = 0.1597
| Best Portfolio | Best Equity | |||
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| Small Returns | COTI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.07 actual daily | 71 71% of assets are less volatile |
Expected Return
| 1.29 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average COTI is performing at about 12% 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 COTI by adding it to a well-diversified portfolio.
About COTI Performance
By analyzing COTI's fundamental ratios, stakeholders can gain valuable insights into COTI's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if COTI 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 COTI has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
COTI is peer-to-peer digital currency powered by the Blockchain technology.| COTI is way too risky over 90 days horizon | |
| COTI has some characteristics of a very speculative cryptocurrency | |
| COTI 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 COTI. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.