SafePal Performance
| SFP Crypto | USD 0.76 0.04 5.56% |
The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SafePal's returns are expected to increase less than the market. However, during the bear market, the loss of holding SafePal is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Very Weak
Compared to the overall equity markets, risk-adjusted returns on investments in SafePal are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, SafePal is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
SafePal |
SafePal Relative Risk vs. Return Landscape
If you would invest 76.00 in SafePal on September 1, 2024 and sell it today you would earn a total of 0.00 from holding SafePal or generate 0.0% return on investment over 90 days. SafePal is generating 0.0594% of daily returns assuming 3.4682% volatility of returns over the 90 days investment horizon. Simply put, 30% of all crypto coins have less volatile historical return distribution than SafePal, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SafePal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SafePal's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SafePal, and traders can use it to determine the average amount a SafePal'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 = 0.0171
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | SFP | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average SafePal is performing at about 1% 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 SafePal by adding it to a well-diversified portfolio.
About SafePal Performance
By analyzing SafePal's fundamental ratios, stakeholders can gain valuable insights into SafePal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SafePal 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 SafePal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SafePal is peer-to-peer digital currency powered by the Blockchain technology.| SafePal has some characteristics of a very speculative cryptocurrency | |
| SafePal had very high historical volatility over the last 90 days |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SafePal. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.