MIX Performance
| MIX Crypto | USD 0 0.00002 1.12% |
The crypto secures a Beta (Market Risk) of 1.46, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MIX will likely underperform.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in MIX are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, MIX exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
MIX |
MIX Relative Risk vs. Return Landscape
If you would invest 0.13 in MIX on August 30, 2024 and sell it today you would earn a total of 0.04 from holding MIX or generate 33.03% return on investment over 90 days. MIX is generating 0.8497% of daily returns assuming 10.5776% volatility of returns over the 90 days investment horizon. Simply put, 94% of all crypto coins have less volatile historical return distribution than MIX, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MIX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MIX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MIX, and traders can use it to determine the average amount a MIX'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 = 0.0803
| Best Portfolio | Best Equity | |||
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| Small Returns | MIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.58 actual daily | 94 94% of assets are less volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average MIX is performing at about 6% 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 MIX by adding it to a well-diversified portfolio.
About MIX Performance
By analyzing MIX's fundamental ratios, stakeholders can gain valuable insights into MIX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MIX 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 MIX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MIX is peer-to-peer digital currency powered by the Blockchain technology.| MIX is way too risky over 90 days horizon | |
| MIX has some characteristics of a very speculative cryptocurrency | |
| MIX appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIX. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.