MCO Performance
| MCO Crypto | USD 0.84 0.01 1.18% |
The entity secures a Beta (Market Risk) of -0.0536, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MCO are expected to decrease at a much lower rate. During the bear market, MCO is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days MCO has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, MCO is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
MCO |
MCO Relative Risk vs. Return Landscape
If you would invest 85.00 in MCO on November 27, 2024 and sell it today you would lose (1.00) from holding MCO or give up 1.18% of portfolio value over 90 days. MCO is producing return of less than zero assuming 0.6829% volatility of returns over the 90 days investment horizon. Simply put, 6% of all crypto coins have less volatile historical return distribution than MCO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MCO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MCO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MCO, and traders can use it to determine the average amount a MCO'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 = -0.0237
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MCO |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MCO 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 MCO by adding MCO to a well-diversified portfolio.
About MCO Performance
By analyzing MCO's fundamental ratios, stakeholders can gain valuable insights into MCO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MCO 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 MCO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MCO is peer-to-peer digital currency powered by the Blockchain technology.| MCO generated a negative expected return over the last 90 days | |
| MCO 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 MCO. 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.