FXP Performance
The crypto shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and FXP are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FXP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, FXP is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
FXP |
FXP Relative Risk vs. Return Landscape
If you would invest (100.00) in FXP on December 17, 2024 and sell it today you would earn a total of 100.00 from holding FXP or generate -100.0% return on investment over 90 days. FXP is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than FXP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
FXP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FXP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as FXP, and traders can use it to determine the average amount a FXP'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 = 0.0
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| FXP |
Based on monthly moving average FXP 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 FXP by adding FXP to a well-diversified portfolio.
| FXP is not yet fully synchronised with the market data | |
| FXP has some characteristics of a very speculative cryptocurrency |
Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Tools for FXP Crypto Coin
When running FXP's price analysis, check to measure FXP's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy FXP is operating at the current time. Most of FXP's value examination focuses on studying past and present price actions to predict the probability of FXP's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move FXP's coin price. Additionally, you may evaluate how adding FXP to your portfolios can decrease your overall portfolio volatility.
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