Phala Network Performance
| PHA Crypto | USD 0.35 0.01 2.78% |
The crypto holds a Beta of 3.09, 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, Phala Network will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Phala Network are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Phala Network exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Phala |
Phala Network Relative Risk vs. Return Landscape
If you would invest 11.00 in Phala Network on October 6, 2024 and sell it today you would earn a total of 24.00 from holding Phala Network or generate 218.18% return on investment over 90 days. Phala Network is generating 2.9077% of daily returns assuming 17.7751% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Phala 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 |
Phala Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phala Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Phala Network, and traders can use it to determine the average amount a Phala Network'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 = 0.1636
| Best Portfolio | Best Equity | |||
| Good Returns | PHA | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 17.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.91 actual daily | 58 58% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Phala Network is performing at about 12% 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 Phala Network by adding it to a well-diversified portfolio.
About Phala Network Performance
By analyzing Phala Network's fundamental ratios, stakeholders can gain valuable insights into Phala Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Phala Network 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 Phala Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Phala Network is peer-to-peer digital currency powered by the Blockchain technology.| Phala Network is way too risky over 90 days horizon | |
| Phala Network has some characteristics of a very speculative cryptocurrency | |
| Phala Network appears to be risky and price may revert if volatility continues |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phala Network. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.