MLN Performance
| MLN Crypto | USD 18.49 0.25 1.37% |
The crypto secures a Beta (Market Risk) of -0.0939, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MLN are expected to decrease at a much lower rate. During the bear market, MLN is likely to outperform the market.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in MLN are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, MLN exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
MLN |
MLN Relative Risk vs. Return Landscape
If you would invest 1,502 in MLN on September 1, 2024 and sell it today you would earn a total of 351.00 from holding MLN or generate 23.37% return on investment over 90 days. MLN is generating 0.3885% of daily returns assuming 3.6468% volatility of returns over the 90 days investment horizon. Simply put, 32% of all crypto coins have less volatile historical return distribution than MLN, and 93% 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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MLN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MLN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MLN, and traders can use it to determine the average amount a MLN'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 = 0.1065
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average MLN is performing at about 8% 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 MLN by adding it to a well-diversified portfolio.
About MLN Performance
By analyzing MLN's fundamental ratios, stakeholders can gain valuable insights into MLN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MLN 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 MLN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MLN is peer-to-peer digital currency powered by the Blockchain technology.| MLN had very high historical volatility over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MLN. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.