OLT Performance
| OLT Crypto | USD 0.0005 0.000077 16.85% |
The crypto holds a Beta of 1.36, which implies 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, OLT will likely underperform.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in OLT are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, OLT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
OLT |
OLT Relative Risk vs. Return Landscape
If you would invest 0.06 in OLT on December 17, 2024 and sell it today you would lose (0.01) from holding OLT or give up 11.15% of portfolio value over 90 days. OLT is generating 0.4926% of daily returns assuming 12.9814% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than OLT on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
OLT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OLT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as OLT, and traders can use it to determine the average amount a OLT'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 = 0.0379
| Best Portfolio | Best Equity | |||
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| Small Returns | OLT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.98 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average OLT 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 OLT by adding it to a well-diversified portfolio.
About OLT Performance
By analyzing OLT's fundamental ratios, stakeholders can gain valuable insights into OLT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if OLT 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 OLT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
OLT is peer-to-peer digital currency powered by the Blockchain technology.| OLT had very high historical volatility over the last 90 days | |
| OLT has some characteristics of a very speculative cryptocurrency |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OLT. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.