Echelon Prime Performance
| PRIME Crypto | USD 11.98 0.03 0.25% |
The crypto shows a Beta (market volatility) of 2.64, which means 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, Echelon Prime will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Echelon Prime are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Echelon Prime exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Echelon |
Echelon Prime Relative Risk vs. Return Landscape
If you would invest 733.00 in Echelon Prime on August 30, 2024 and sell it today you would earn a total of 465.00 from holding Echelon Prime or generate 63.44% return on investment over 90 days. Echelon Prime is generating 1.1478% of daily returns and assumes 9.2284% volatility on return distribution over the 90 days horizon. Simply put, 82% of crypto coins are less volatile than Echelon, and 78% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Echelon Prime Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Echelon Prime's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Echelon Prime, and traders can use it to determine the average amount a Echelon Prime'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 = 0.1244
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | PRIME | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.23 actual daily | 82 82% of assets are less volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Echelon Prime is performing at about 9% 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 Echelon Prime by adding it to a well-diversified portfolio.
About Echelon Prime Performance
By analyzing Echelon Prime's fundamental ratios, stakeholders can gain valuable insights into Echelon Prime's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Echelon Prime 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 Echelon Prime has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Echelon Prime is peer-to-peer digital currency powered by the Blockchain technology.| Echelon Prime is way too risky over 90 days horizon | |
| Echelon Prime 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 Echelon Prime. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.