DENT Performance
| DENT Crypto | USD 0.0009 0.000006 0.68% |
The crypto shows a Beta (market volatility) of -1.82, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DENT are expected to decrease by larger amounts. On the other hand, during market turmoil, DENT is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days DENT 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 fundamental indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for DENT shareholders. ...more
DENT |
DENT Relative Risk vs. Return Landscape
If you would invest 0.14 in DENT on November 27, 2024 and sell it today you would lose (0.05) from holding DENT or give up 39.33% of portfolio value over 90 days. DENT is generating negative expected returns and assumes 7.8976% volatility on return distribution over the 90 days horizon. Simply put, 70% of crypto coins are less volatile than DENT, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DENT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DENT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DENT, and traders can use it to determine the average amount a DENT'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 = -0.0604
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DENT |
Estimated Market Risk
| 7.9 actual daily | 70 70% of assets are less volatile |
Expected Return
| -0.48 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 DENT 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 DENT by adding DENT to a well-diversified portfolio.
About DENT Performance
By analyzing DENT's fundamental ratios, stakeholders can gain valuable insights into DENT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DENT 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 DENT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DENT is peer-to-peer digital currency powered by the Blockchain technology.| DENT generated a negative expected return over the last 90 days | |
| DENT has high historical volatility and very poor performance | |
| DENT has some characteristics of a very speculative cryptocurrency |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DENT. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.