SNET Performance
| SNET Crypto | USD 0.0005 0.0005 49.80% |
The entity has a beta of -2.46, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SNET are expected to decrease by larger amounts. On the other hand, during market turmoil, SNET is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SNET 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 March 2025. The latest tumult may also be a sign of longer-term up-swing for SNET shareholders. ...more
SNET |
SNET Relative Risk vs. Return Landscape
If you would invest 0.18 in SNET on November 28, 2024 and sell it today you would lose (0.13) from holding SNET or give up 72.89% of portfolio value over 90 days. SNET is generating negative expected returns and assumes 17.8221% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than SNET 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 |
SNET Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SNET's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SNET, and traders can use it to determine the average amount a SNET'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 = -0.0275
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SNET |
Estimated Market Risk
| 17.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SNET 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 SNET by adding SNET to a well-diversified portfolio.
About SNET Performance
By analyzing SNET's fundamental ratios, stakeholders can gain valuable insights into SNET's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SNET 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 SNET has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SNET is peer-to-peer digital currency powered by the Blockchain technology.| SNET generated a negative expected return over the last 90 days | |
| SNET has high historical volatility and very poor performance | |
| SNET 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 SNET. 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 Transaction History module to view history of all your transactions and understand their impact on performance.