Thorchain Performance
| RUNE Crypto | USD 1.19 0.08 6.30% |
The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thorchain's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thorchain is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Thorchain has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's fundamental indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for Thorchain shareholders. ...more
Thorchain |
Thorchain Relative Risk vs. Return Landscape
If you would invest 497.00 in Thorchain on December 20, 2024 and sell it today you would lose (378.00) from holding Thorchain or give up 76.06% of portfolio value over 90 days. Thorchain is generating negative expected returns and assumes 11.2491% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Thorchain 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 |
Thorchain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thorchain's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Thorchain, and traders can use it to determine the average amount a Thorchain'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 = -0.1366
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RUNE |
Estimated Market Risk
| 11.25 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thorchain 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 Thorchain by adding Thorchain to a well-diversified portfolio.
About Thorchain Performance
By analyzing Thorchain's fundamental ratios, stakeholders can gain valuable insights into Thorchain's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Thorchain 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 Thorchain has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Thorchain is peer-to-peer digital currency powered by the Blockchain technology.| Thorchain generated a negative expected return over the last 90 days | |
| Thorchain has high historical volatility and very poor performance | |
| Thorchain may become a speculative penny crypto |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Thorchain. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.