CRDTS Performance
| CRDTS Crypto | USD 0.0008 0.0004 31.67% |
The crypto shows a Beta (market volatility) of -1.99, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CRDTS are expected to decrease by larger amounts. On the other hand, during market turmoil, CRDTS is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CRDTS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Crypto's fundamental indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for CRDTS shareholders. ...more
CRDTS |
CRDTS Relative Risk vs. Return Landscape
If you would invest 0.12 in CRDTS on November 27, 2024 and sell it today you would lose (0.04) from holding CRDTS or give up 32.62% of portfolio value over 90 days. CRDTS is generating negative expected returns and assumes 9.4227% volatility on return distribution over the 90 days horizon. Simply put, 84% of crypto coins are less volatile than CRDTS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CRDTS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CRDTS's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CRDTS, and traders can use it to determine the average amount a CRDTS'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 = -0.0178
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CRDTS |
Estimated Market Risk
| 9.42 actual daily | 84 84% of assets are less volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CRDTS 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 CRDTS by adding CRDTS to a well-diversified portfolio.
About CRDTS Performance
By analyzing CRDTS's fundamental ratios, stakeholders can gain valuable insights into CRDTS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CRDTS 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 CRDTS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CRDTS is peer-to-peer digital currency powered by the Blockchain technology.| CRDTS generated a negative expected return over the last 90 days | |
| CRDTS has high historical volatility and very poor performance | |
| CRDTS 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 CRDTS. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.