LYM Performance
| LYM Crypto | USD 0.0005 0.0002 73.33% |
The crypto secures a Beta (Market Risk) of -2.94, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning LYM are expected to decrease by larger amounts. On the other hand, during market turmoil, LYM is expected to outperform it.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in LYM are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady primary indicators, LYM exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
LYM |
LYM Relative Risk vs. Return Landscape
If you would invest 0.07 in LYM on November 28, 2024 and sell it today you would lose (0.02) from holding LYM or give up 25.71% of portfolio value over 90 days. LYM is generating 1.6913% of daily returns assuming 22.9973% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than LYM on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
LYM Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LYM's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as LYM, and traders can use it to determine the average amount a LYM'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 = 0.0735
| Best Portfolio | Best Equity | |||
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| Average Returns | LYM | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 23.0 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.69 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average LYM is performing at about 5% 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 LYM by adding it to a well-diversified portfolio.
About LYM Performance
By analyzing LYM's fundamental ratios, stakeholders can gain valuable insights into LYM's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LYM 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 LYM has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
LYM is peer-to-peer digital currency powered by the Blockchain technology.| LYM is way too risky over 90 days horizon | |
| LYM has some characteristics of a very speculative cryptocurrency | |
| LYM appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Canadas Crypto Industry Turns to Alberta Government-Owned Bank - Bloomberg |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LYM. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.