STEEMD Performance
| STEEMD Crypto | USD 0.29 0.02 6.45% |
The entity has a beta of -5.46, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning STEEMD are expected to decrease by larger amounts. On the other hand, during market turmoil, STEEMD is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days STEEMD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat unsteady technical and fundamental indicators, STEEMD sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
STEEMD |
STEEMD Relative Risk vs. Return Landscape
If you would invest 382.00 in STEEMD on November 28, 2024 and sell it today you would lose (353.00) from holding STEEMD or give up 92.41% of portfolio value over 90 days. STEEMD is generating 0.3014% of daily returns and assumes 31.3765% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than STEEMD 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 |
STEEMD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STEEMD's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as STEEMD, and traders can use it to determine the average amount a STEEMD'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 = 0.0096
| Best Portfolio | Best Equity | |||
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| Small Returns | STEEMD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 31.38 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STEEMD 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 STEEMD by adding STEEMD to a well-diversified portfolio.
About STEEMD Performance
By analyzing STEEMD's fundamental ratios, stakeholders can gain valuable insights into STEEMD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if STEEMD 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 STEEMD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
STEEMD is peer-to-peer digital currency powered by the Blockchain technology.| STEEMD had very high historical volatility over the last 90 days | |
| STEEMD 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 STEEMD. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.