REDLANG Performance
| REDLANG Crypto | USD 0.0006 0.000009 1.46% |
The crypto holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, REDLANG's returns are expected to increase less than the market. However, during the bear market, the loss of holding REDLANG is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days REDLANG has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unsteady performance, the Crypto's essential indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for REDLANG stockholders. ...more
REDLANG |
REDLANG Relative Risk vs. Return Landscape
If you would invest 0.10 in REDLANG on December 20, 2024 and sell it today you would lose (0.04) from holding REDLANG or give up 39.71% of portfolio value over 90 days. REDLANG is generating negative expected returns and assumes 12.1687% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than REDLANG 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 |
REDLANG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for REDLANG's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as REDLANG, and traders can use it to determine the average amount a REDLANG'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 = -0.0101
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| Negative Returns | REDLANG |
Estimated Market Risk
| 12.17 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average REDLANG 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 REDLANG by adding REDLANG to a well-diversified portfolio.
About REDLANG Performance
By analyzing REDLANG's fundamental ratios, stakeholders can gain valuable insights into REDLANG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if REDLANG 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 REDLANG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
REDLANG is peer-to-peer digital currency powered by the Blockchain technology.| REDLANG generated a negative expected return over the last 90 days | |
| REDLANG has high historical volatility and very poor performance | |
| REDLANG 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 REDLANG. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.