SAN Performance
| SAN Crypto | USD 0.04 0 3.01% |
The entity has a beta of 0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding SAN is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in SAN are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, SAN exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
SAN |
SAN Relative Risk vs. Return Landscape
If you would invest 2.91 in SAN on September 1, 2024 and sell it today you would earn a total of 1.46 from holding SAN or generate 50.17% return on investment over 90 days. SAN is generating 0.6923% of daily returns assuming 3.6605% volatility of returns over the 90 days investment horizon. Simply put, 32% of all crypto coins have less volatile historical return distribution than SAN, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SAN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SAN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SAN, and traders can use it to determine the average amount a SAN'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 = 0.1891
| Best Portfolio | Best Equity | |||
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| Small Returns | SAN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average SAN is performing at about 14% 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 SAN by adding it to a well-diversified portfolio.
About SAN Performance
By analyzing SAN's fundamental ratios, stakeholders can gain valuable insights into SAN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SAN 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 SAN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SAN is peer-to-peer digital currency powered by the Blockchain technology.| SAN has some characteristics of a very speculative cryptocurrency | |
| SAN appears to be risky and price may revert if volatility continues |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAN. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.