FUN Performance
| FUN Crypto | USD 0 0.00002 0.64% |
The crypto shows a Beta (market volatility) of -3.19, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning FUN are expected to decrease by larger amounts. On the other hand, during market turmoil, FUN is expected to outperform it.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in FUN are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, FUN exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
FUN |
FUN Relative Risk vs. Return Landscape
If you would invest 0.33 in FUN on November 19, 2024 and sell it today you would lose (0.02) from holding FUN or give up 6.36% of portfolio value over 90 days. FUN is generating 0.3368% of daily returns assuming 10.1149% volatility of returns over the 90 days investment horizon. Simply put, 90% of all crypto coins have less volatile historical return distribution than FUN, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
FUN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FUN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as FUN, and traders can use it to determine the average amount a FUN'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 = 0.0333
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FUN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.11 actual daily | 90 90% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average FUN is performing at about 2% 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 FUN by adding it to a well-diversified portfolio.
About FUN Performance
By analyzing FUN's fundamental ratios, stakeholders can gain valuable insights into FUN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FUN 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 FUN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FUN is peer-to-peer digital currency powered by the Blockchain technology.| FUN had very high historical volatility over the last 90 days | |
| FUN 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 FUN. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.