Polygon Performance
| MATIC Crypto | USD 0.21 0.01 4.55% |
The crypto holds a Beta of 0.7, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Polygon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polygon is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Polygon 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 April 2025. The latest tumult may also be a sign of longer-term up-swing for Polygon shareholders. ...more
Polygon |
Polygon Relative Risk vs. Return Landscape
If you would invest 47.00 in Polygon on December 20, 2024 and sell it today you would lose (26.00) from holding Polygon or give up 55.32% of portfolio value over 90 days. Polygon is generating negative expected returns and assumes 5.5013% volatility on return distribution over the 90 days horizon. Simply put, 49% of crypto coins are less volatile than Polygon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Polygon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polygon's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Polygon, and traders can use it to determine the average amount a Polygon'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 = -0.2033
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MATIC |
Estimated Market Risk
| 5.5 actual daily | 49 51% of assets are more volatile |
Expected Return
| -1.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Polygon 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 Polygon by adding Polygon to a well-diversified portfolio.
About Polygon Performance
By analyzing Polygon's fundamental ratios, stakeholders can gain valuable insights into Polygon's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Polygon 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 Polygon has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Polygon is peer-to-peer digital currency powered by the Blockchain technology.| Polygon generated a negative expected return over the last 90 days | |
| Polygon has high historical volatility and very poor performance | |
| Polygon has some characteristics of a very speculative cryptocurrency |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Polygon. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.