Raydium Performance
| RAY Crypto | USD 5.54 0.01 0.18% |
The crypto holds a Beta of 0.0078, which implies not very significant fluctuations relative to the market. As returns on the market increase, Raydium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Raydium is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Raydium are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Raydium exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Raydium |
Raydium Relative Risk vs. Return Landscape
If you would invest 152.00 in Raydium on August 30, 2024 and sell it today you would earn a total of 402.00 from holding Raydium or generate 264.47% return on investment over 90 days. Raydium is generating 2.3531% of daily returns assuming 8.211% volatility of returns over the 90 days investment horizon. Simply put, 73% of all crypto coins have less volatile historical return distribution than Raydium, and 54% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Raydium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raydium's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Raydium, and traders can use it to determine the average amount a Raydium'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 = 0.2866
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | RAY | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.21 actual daily | 73 73% of assets are less volatile |
Expected Return
| 2.35 actual daily | 46 54% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Raydium is performing at about 22% 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 Raydium by adding it to a well-diversified portfolio.
About Raydium Performance
By analyzing Raydium's fundamental ratios, stakeholders can gain valuable insights into Raydium's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Raydium 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 Raydium has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Raydium is peer-to-peer digital currency powered by the Blockchain technology.| Raydium is way too risky over 90 days horizon | |
| Raydium 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 Raydium. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.