SMART Performance
| SMART Crypto | USD 0.000034 0.000015 78.95% |
The entity owns a Beta (Systematic Risk) of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SMART's returns are expected to increase less than the market. However, during the bear market, the loss of holding SMART is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SMART are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, SMART exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Californians warned of pig butchering scam from fraud cryptocurrency websites - KTLA Los Angeles | 03/10/2025 |
SMART |
SMART Relative Risk vs. Return Landscape
If you would invest 0.00 in SMART on December 19, 2024 and sell it today you would lose 0.00 from holding SMART or give up 12.82% of portfolio value over 90 days. SMART is generating 0.3671% of daily returns and assumes 11.755% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than SMART 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 |
SMART Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMART's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SMART, and traders can use it to determine the average amount a SMART'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 = 0.0312
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SMART | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SMART is performing at about 2% 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 SMART by adding it to a well-diversified portfolio.
About SMART Performance
By analyzing SMART's fundamental ratios, stakeholders can gain valuable insights into SMART's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SMART 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 SMART has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SMART is peer-to-peer digital currency powered by the Blockchain technology.| SMART had very high historical volatility over the last 90 days | |
| SMART has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Californians warned of pig butchering scam from fraud cryptocurrency websites - KTLA Los Angeles |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SMART. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.