NODE Performance
| NODE Crypto | USD 0.000005 0.00 0.00% |
The crypto secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NODE are completely uncorrelated.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days NODE has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, NODE is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
NODE |
NODE Relative Risk vs. Return Landscape
If you would invest 0.00 in NODE on August 30, 2024 and sell it today you would earn a total of 0.00 from holding NODE or generate 0.0% return on investment over 90 days. NODE is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of crypto coins are less volatile than NODE, and 99% 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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NODE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NODE's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as NODE, and traders can use it to determine the average amount a NODE'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 = 0.0
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Based on monthly moving average NODE 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 NODE by adding NODE to a well-diversified portfolio.
About NODE Performance
By analyzing NODE's fundamental ratios, stakeholders can gain valuable insights into NODE's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NODE 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 NODE has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NODE is peer-to-peer digital currency powered by the Blockchain technology.| NODE generated a negative expected return over the last 90 days | |
| NODE 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 NODE. 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.