DPY Performance
| DPY Crypto | USD 0 0.000086 5.68% |
The crypto shows a Beta (market volatility) of -0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DPY are expected to decrease at a much lower rate. During the bear market, DPY is likely to outperform the market.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in DPY are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, DPY may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | 2 men from Miami and Los Angeles charged in 230 million cryptocurrency scam, FBI says - CBS Miami | 09/20/2024 |
2 | Forget The FedChina Could Be About To Quietly Blow Up The Bitcoin Price And Crypto Market - Forbes | 09/24/2024 |
DPY |
DPY Relative Risk vs. Return Landscape
If you would invest 0.18 in DPY on August 30, 2024 and sell it today you would lose (0.02) from holding DPY or give up 8.98% of portfolio value over 90 days. DPY is generating 0.1652% of daily returns assuming 7.8821% volatility of returns over the 90 days investment horizon. Simply put, 70% of all crypto coins have less volatile historical return distribution than DPY, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DPY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DPY's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DPY, and traders can use it to determine the average amount a DPY'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 = 0.021
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DPY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.88 actual daily | 70 70% of assets are less volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average DPY is performing at about 1% of its full potential. 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 DPY by adding it to a well-diversified portfolio.
About DPY Performance
By analyzing DPY's fundamental ratios, stakeholders can gain valuable insights into DPY's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DPY 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 DPY has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DPY is peer-to-peer digital currency powered by the Blockchain technology.| DPY had very high historical volatility over the last 90 days | |
| DPY 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 DPY. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.