Render Network Performance
| RENDER Crypto | USD 3.66 0.61 14.29% |
The crypto holds a Beta of -0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Render Network are expected to decrease at a much lower rate. During the bear market, Render Network is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Render Network has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Crypto's basic indicators remain somewhat strong which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long term up-swing for Render Network investors. ...more
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Render Network Relative Risk vs. Return Landscape
If you would invest 874.00 in Render Network on November 28, 2024 and sell it today you would lose (508.00) from holding Render Network or give up 58.12% of portfolio value over 90 days. Render Network is generating negative expected returns and assumes 6.5652% volatility on return distribution over the 90 days horizon. Simply put, 58% of crypto coins are less volatile than Render, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Render Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Render Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Render Network, and traders can use it to determine the average amount a Render 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 = -0.1759
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RENDER |
Estimated Market Risk
| 6.57 actual daily | 58 58% of assets are less volatile |
Expected Return
| -1.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Render Network 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 Render Network by adding Render Network to a well-diversified portfolio.
About Render Network Performance
By analyzing Render Network's fundamental ratios, stakeholders can gain valuable insights into Render Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Render 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 Render Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Render Network is peer-to-peer digital currency powered by the Blockchain technology.| Render Network generated a negative expected return over the last 90 days | |
| Render Network has high historical volatility and very poor performance |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Render 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 income. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.