DERO Performance
| DERO Crypto | USD 0.75 0.03 3.85% |
The crypto shows a Beta (market volatility) of 1.21, which means 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, DERO will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days DERO 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 February 2025. The latest tumult may also be a sign of longer-term up-swing for DERO shareholders. ...more
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DERO Relative Risk vs. Return Landscape
If you would invest 121.00 in DERO on October 10, 2024 and sell it today you would lose (42.00) from holding DERO or give up 34.71% of portfolio value over 90 days. DERO is generating negative expected returns and assumes 6.6936% volatility on return distribution over the 90 days horizon. Simply put, 59% of crypto coins are less volatile than DERO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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DERO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DERO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DERO, and traders can use it to determine the average amount a DERO'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 = -0.0656
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| Negative Returns | DERO |
Estimated Market Risk
| 6.69 actual daily | 59 59% of assets are less volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DERO 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 DERO by adding DERO to a well-diversified portfolio.
About DERO Performance
By analyzing DERO's fundamental ratios, stakeholders can gain valuable insights into DERO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DERO 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 DERO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DERO is peer-to-peer digital currency powered by the Blockchain technology.| DERO generated a negative expected return over the last 90 days | |
| DERO has high historical volatility and very poor performance | |
| DERO 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 DERO. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.