Neutron Performance
| NTRN Crypto | USD 0.55 0.01 1.79% |
The crypto secures a Beta (Market Risk) of 2.13, 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, Neutron will likely underperform.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Neutron are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Neutron exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Neutron |
Neutron Relative Risk vs. Return Landscape
If you would invest 36.00 in Neutron on August 30, 2024 and sell it today you would earn a total of 19.00 from holding Neutron or generate 52.78% return on investment over 90 days. Neutron is generating 0.8327% of daily returns and assumes 5.8669% volatility on return distribution over the 90 days horizon. Simply put, 52% of crypto coins are less volatile than Neutron, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Neutron Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neutron's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Neutron, and traders can use it to determine the average amount a Neutron'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 = 0.1419
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.87 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Neutron is performing at about 11% 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 Neutron by adding it to a well-diversified portfolio.
About Neutron Performance
By analyzing Neutron's fundamental ratios, stakeholders can gain valuable insights into Neutron's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Neutron 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 Neutron has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Neutron is peer-to-peer digital currency powered by the Blockchain technology.| Neutron is way too risky over 90 days horizon | |
| Neutron has some characteristics of a very speculative cryptocurrency | |
| Neutron appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neutron. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.