EMC2 Performance
| EMC2 Crypto | USD 0.0005 0.000049 10.21% |
The crypto owns a Beta (Systematic Risk) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, EMC2's returns are expected to increase less than the market. However, during the bear market, the loss of holding EMC2 is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in EMC2 are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, EMC2 exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
EMC2 |
EMC2 Relative Risk vs. Return Landscape
If you would invest 0.03 in EMC2 on August 30, 2024 and sell it today you would earn a total of 0.02 from holding EMC2 or generate 79.32% return on investment over 90 days. EMC2 is generating 0.9774% of daily returns and assumes 3.5691% volatility on return distribution over the 90 days horizon. Simply put, 31% of crypto coins are less volatile than EMC2, and 81% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
EMC2 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMC2's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as EMC2, and traders can use it to determine the average amount a EMC2'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 = 0.2738
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average EMC2 is performing at about 21% 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 EMC2 by adding it to a well-diversified portfolio.
About EMC2 Performance
By analyzing EMC2's fundamental ratios, stakeholders can gain valuable insights into EMC2's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EMC2 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 EMC2 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EMC2 is peer-to-peer digital currency powered by the Blockchain technology.| EMC2 has some characteristics of a very speculative cryptocurrency | |
| EMC2 appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMC2. 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 Anywhere module to track or share privately all of your investments from the convenience of any device.