GRIN Performance
| GRIN Crypto | USD 0.02 0 6.35% |
The crypto retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GRIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding GRIN is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days GRIN 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 fundamental 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 GRIN shareholders. ...more
GRIN |
GRIN Relative Risk vs. Return Landscape
If you would invest 3.97 in GRIN on November 27, 2024 and sell it today you would lose (1.94) from holding GRIN or give up 48.87% of portfolio value over 90 days. GRIN is generating negative expected returns and assumes 7.0083% volatility on return distribution over the 90 days horizon. Simply put, 62% of crypto coins are less volatile than GRIN, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GRIN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GRIN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as GRIN, and traders can use it to determine the average amount a GRIN'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 = -0.115
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GRIN |
Estimated Market Risk
| 7.01 actual daily | 62 62% of assets are less volatile |
Expected Return
| -0.81 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GRIN 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 GRIN by adding GRIN to a well-diversified portfolio.
About GRIN Performance
By analyzing GRIN's fundamental ratios, stakeholders can gain valuable insights into GRIN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GRIN 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 GRIN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GRIN is peer-to-peer digital currency powered by the Blockchain technology.| GRIN generated a negative expected return over the last 90 days | |
| GRIN has high historical volatility and very poor performance | |
| GRIN has some characteristics of a very speculative cryptocurrency |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GRIN. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.