Metis Token Performance
| METIS Crypto | USD 17.62 0.18 1.01% |
The crypto secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metis Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metis Token is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Metis Token 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 Metis Token shareholders. ...more
Metis |
Metis Token Relative Risk vs. Return Landscape
If you would invest 4,748 in Metis Token on December 21, 2024 and sell it today you would lose (2,991) from holding Metis Token or give up 62.99% of portfolio value over 90 days. Metis Token is generating negative expected returns and assumes 6.3829% volatility on return distribution over the 90 days horizon. Simply put, 56% of crypto coins are less volatile than Metis, 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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Metis Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metis Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Metis Token, and traders can use it to determine the average amount a Metis Token'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 = -0.2123
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | METIS |
Estimated Market Risk
| 6.38 actual daily | 56 56% of assets are less volatile |
Expected Return
| -1.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metis Token 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 Metis Token by adding Metis Token to a well-diversified portfolio.
About Metis Token Performance
By analyzing Metis Token's fundamental ratios, stakeholders can gain valuable insights into Metis Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Metis Token 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 Metis Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Metis Token is peer-to-peer digital currency powered by the Blockchain technology.| Metis Token generated a negative expected return over the last 90 days | |
| Metis Token has high historical volatility and very poor performance |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metis Token. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.