NAV Performance
| NAV Crypto | USD 0.02 0.02 46.09% |
The entity secures a Beta (Market Risk) of -1.79, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NAV are expected to decrease by larger amounts. On the other hand, during market turmoil, NAV is expected to outperform it.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NAV are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, NAV exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
NAV |
NAV Relative Risk vs. Return Landscape
If you would invest 2.73 in NAV on November 28, 2024 and sell it today you would lose (0.25) from holding NAV or give up 9.16% of portfolio value over 90 days. NAV is generating 0.2823% of daily returns assuming 8.6593% volatility of returns over the 90 days investment horizon. Simply put, 77% of all crypto coins have less volatile historical return distribution than NAV, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NAV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NAV's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as NAV, and traders can use it to determine the average amount a NAV'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 = 0.0326
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.66 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average NAV is performing at about 2% 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 NAV by adding it to a well-diversified portfolio.
About NAV Performance
By analyzing NAV's fundamental ratios, stakeholders can gain valuable insights into NAV's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NAV 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 NAV has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NAV is peer-to-peer digital currency powered by the Blockchain technology.| NAV had very high historical volatility over the last 90 days | |
| NAV 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 NAV. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.