SKALE Network Performance
| SKL Crypto | USD 0.03 0.0002 0.61% |
The entity owns a Beta (Systematic Risk) of -0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SKALE Network are expected to decrease at a much lower rate. During the bear market, SKALE Network is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SKALE Network 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 essential indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for SKALE Network shareholders. ...more
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SKALE Network Relative Risk vs. Return Landscape
If you would invest 7.31 in SKALE Network on November 27, 2024 and sell it today you would lose (4.03) from holding SKALE Network or give up 55.13% of portfolio value over 90 days. SKALE Network is producing return of less than zero assuming 7.4456% volatility of returns over the 90 days investment horizon. Simply put, 66% of all crypto coins have less volatile historical return distribution than SKALE Network, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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SKALE Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SKALE Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SKALE Network, and traders can use it to determine the average amount a SKALE 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 = -0.1306
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SKL |
Estimated Market Risk
| 7.45 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.97 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SKALE 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 SKALE Network by adding SKALE Network to a well-diversified portfolio.
About SKALE Network Performance
By analyzing SKALE Network's fundamental ratios, stakeholders can gain valuable insights into SKALE Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SKALE 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 SKALE Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SKALE Network is peer-to-peer digital currency powered by the Blockchain technology.| SKALE Network generated a negative expected return over the last 90 days | |
| SKALE Network has high historical volatility and very poor performance | |
| SKALE Network has some characteristics of a very speculative cryptocurrency |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKALE 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 board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.