Moonriver Performance
| MOVR Crypto | USD 16.27 0.26 1.57% |
The crypto secures a Beta (Market Risk) of 1.55, 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, Moonriver will likely underperform.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Moonriver are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Moonriver exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Musks audio sparks DOGE surge, SHIB soars as analysts spotlight this crypto - crypto.news | 11/21/2024 |
Moonriver |
Moonriver Relative Risk vs. Return Landscape
If you would invest 917.00 in Moonriver on August 30, 2024 and sell it today you would earn a total of 710.00 from holding Moonriver or generate 77.43% return on investment over 90 days. Moonriver is generating 1.2347% of daily returns and assumes 8.8509% volatility on return distribution over the 90 days horizon. Simply put, 78% of crypto coins are less volatile than Moonriver, and 76% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Moonriver Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Moonriver's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Moonriver, and traders can use it to determine the average amount a Moonriver'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 = 0.1395
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.85 actual daily | 78 78% of assets are less volatile |
Expected Return
| 1.23 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Moonriver is performing at about 10% 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 Moonriver by adding it to a well-diversified portfolio.
About Moonriver Performance
By analyzing Moonriver's fundamental ratios, stakeholders can gain valuable insights into Moonriver's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Moonriver 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 Moonriver has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Moonriver is peer-to-peer digital currency powered by the Blockchain technology.| Moonriver is way too risky over 90 days horizon | |
| Moonriver appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Musks audio sparks DOGE surge, SHIB soars as analysts spotlight this crypto - crypto.news |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Moonriver. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.