NMR Performance
| NMR Crypto | USD 10.19 0.20 2.00% |
The crypto secures a Beta (Market Risk) of 1.32, 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, NMR will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days NMR 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 basic 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 NMR shareholders. ...more
NMR |
NMR Relative Risk vs. Return Landscape
If you would invest 1,473 in NMR on December 20, 2024 and sell it today you would lose (454.00) from holding NMR or give up 30.82% of portfolio value over 90 days. NMR is producing return of less than zero assuming 5.5257% volatility of returns over the 90 days investment horizon. Simply put, 49% of all crypto coins have less volatile historical return distribution than NMR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NMR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NMR's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as NMR, and traders can use it to determine the average amount a NMR'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 = -0.0782
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMR |
Estimated Market Risk
| 5.53 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NMR 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 NMR by adding NMR to a well-diversified portfolio.
About NMR Performance
By analyzing NMR's fundamental ratios, stakeholders can gain valuable insights into NMR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NMR 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 NMR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NMR is peer-to-peer digital currency powered by the Blockchain technology.| NMR generated a negative expected return over the last 90 days | |
| NMR 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 NMR. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.