DGB Performance
| DGB Crypto | USD 0.01 0.0001 1.60% |
The crypto owns a Beta (Systematic Risk) of -0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DGB are expected to decrease at a much lower rate. During the bear market, DGB is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days DGB 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 drivers remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for DGB shareholders. ...more
1 | Gensler Says SEC Has More Work to Do on Crypto Regulation - Yahoo Finance | 01/08/2025 |
DGB |
DGB Relative Risk vs. Return Landscape
If you would invest 1.22 in DGB on December 19, 2024 and sell it today you would lose (0.40) from holding DGB or give up 32.76% of portfolio value over 90 days. DGB is producing return of less than zero assuming 7.4872% volatility of returns over the 90 days investment horizon. Simply put, 66% of all crypto coins have less volatile historical return distribution than DGB, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DGB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DGB's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DGB, and traders can use it to determine the average amount a DGB'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 = -0.0459
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DGB |
Estimated Market Risk
| 7.49 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DGB 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 DGB by adding DGB to a well-diversified portfolio.
About DGB Performance
By analyzing DGB's fundamental ratios, stakeholders can gain valuable insights into DGB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DGB 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 DGB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DGB is peer-to-peer digital currency powered by the Blockchain technology.| DGB generated a negative expected return over the last 90 days | |
| DGB has high historical volatility and very poor performance | |
| DGB 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 DGB. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..