RDD Performance
| RDD Crypto | USD 0.000083 0.00 0.00% |
The crypto holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and RDD are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days RDD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, RDD is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
RDD |
RDD Relative Risk vs. Return Landscape
If you would invest 0.01 in RDD on November 27, 2024 and sell it today you would earn a total of 0.00 from holding RDD or generate 0.0% return on investment over 90 days. RDD is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than RDD, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RDD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RDD's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as RDD, and traders can use it to determine the average amount a RDD'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 = 0.0
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average RDD is not performing at its full potential. However, 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 RDD by adding RDD to a well-diversified portfolio.
About RDD Performance
By analyzing RDD's fundamental ratios, stakeholders can gain valuable insights into RDD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if RDD 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 RDD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
RDD is peer-to-peer digital currency powered by the Blockchain technology.| RDD generated a negative expected return over the last 90 days | |
| RDD 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 RDD. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.