FileCoin Performance
| FIL Crypto | USD 3.16 0.02 0.64% |
The crypto shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, FileCoin's returns are expected to increase less than the market. However, during the bear market, the loss of holding FileCoin is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FileCoin 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 essential indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for FileCoin shareholders. ...more
FileCoin |
FileCoin Relative Risk vs. Return Landscape
If you would invest 582.00 in FileCoin on November 27, 2024 and sell it today you would lose (280.00) from holding FileCoin or give up 48.11% of portfolio value over 90 days. FileCoin is producing return of less than zero assuming 6.8599% volatility of returns over the 90 days investment horizon. Simply put, 61% of all crypto coins have less volatile historical return distribution than FileCoin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
FileCoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FileCoin's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as FileCoin, and traders can use it to determine the average amount a FileCoin'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 = -0.1156
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FIL |
Estimated Market Risk
| 6.86 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.79 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FileCoin 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 FileCoin by adding FileCoin to a well-diversified portfolio.
About FileCoin Performance
By analyzing FileCoin's fundamental ratios, stakeholders can gain valuable insights into FileCoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FileCoin 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 FileCoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FileCoin is peer-to-peer digital currency powered by the Blockchain technology.| FileCoin generated a negative expected return over the last 90 days | |
| FileCoin has high historical volatility and very poor performance |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FileCoin. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.