SOUL Performance
| SOUL Crypto | USD 0.1 0.03 40.51% |
The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SOUL's returns are expected to increase less than the market. However, during the bear market, the loss of holding SOUL 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 SOUL are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, SOUL exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
SOUL |
SOUL Relative Risk vs. Return Landscape
If you would invest 12.00 in SOUL on December 17, 2024 and sell it today you would lose (2.08) from holding SOUL or give up 17.33% of portfolio value over 90 days. SOUL is generating 0.3119% of daily returns and assumes 11.1387% volatility on return distribution over the 90 days horizon. Simply put, 99% of crypto coins are less volatile than SOUL, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SOUL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOUL's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SOUL, and traders can use it to determine the average amount a SOUL'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 = 0.028
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.14 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SOUL 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 SOUL by adding it to a well-diversified portfolio.
About SOUL Performance
By analyzing SOUL's fundamental ratios, stakeholders can gain valuable insights into SOUL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SOUL 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 SOUL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SOUL is peer-to-peer digital currency powered by the Blockchain technology.| SOUL had very high historical volatility over the last 90 days | |
| SOUL 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 SOUL. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.