DGD Performance
| DGD Crypto | USD 927.92 3.97 0.43% |
The crypto shows a Beta (market volatility) of 0.0832, which means not very significant fluctuations relative to the market. As returns on the market increase, DGD's returns are expected to increase less than the market. However, during the bear market, the loss of holding DGD is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days DGD 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 April 2025. The latest tumult may also be a sign of longer-term up-swing for DGD shareholders. ...more
DGD |
DGD Relative Risk vs. Return Landscape
If you would invest 110,162 in DGD on December 17, 2024 and sell it today you would lose (17,370) from holding DGD or give up 15.77% of portfolio value over 90 days. DGD is producing return of less than zero assuming 2.2992% volatility of returns over the 90 days investment horizon. Simply put, 20% of all crypto coins have less volatile historical return distribution than DGD, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DGD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DGD's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DGD, and traders can use it to determine the average amount a DGD'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 = -0.105
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DGD |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DGD 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 DGD by adding DGD to a well-diversified portfolio.
About DGD Performance
By analyzing DGD's fundamental ratios, stakeholders can gain valuable insights into DGD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DGD 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 DGD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DGD is peer-to-peer digital currency powered by the Blockchain technology.| DGD generated a negative expected return over the last 90 days |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DGD. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.