STRAX Performance
| STRAX Crypto | USD 0.05 0.01 11.23% |
The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, STRAX's returns are expected to increase less than the market. However, during the bear market, the loss of holding STRAX is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days STRAX 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 April 2025. The latest tumult may also be a sign of longer-term up-swing for STRAX shareholders. ...more
1 | Brazils Galipolo sees surge in crypto use, says 90 percent of flow tied to stablecoins - Reuters | 02/06/2025 |
STRAX |
STRAX Relative Risk vs. Return Landscape
If you would invest 8.20 in STRAX on December 3, 2024 and sell it today you would lose (2.95) from holding STRAX or give up 35.98% of portfolio value over 90 days. STRAX is generating negative expected returns and assumes 7.6831% volatility on return distribution over the 90 days horizon. Simply put, 68% of crypto coins are less volatile than STRAX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
STRAX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STRAX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as STRAX, and traders can use it to determine the average amount a STRAX'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 = -0.0532
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STRAX |
Estimated Market Risk
| 7.68 actual daily | 68 68% of assets are less volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STRAX 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 STRAX by adding STRAX to a well-diversified portfolio.
About STRAX Performance
By analyzing STRAX's fundamental ratios, stakeholders can gain valuable insights into STRAX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if STRAX 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 STRAX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
STRAX is peer-to-peer digital currency powered by the Blockchain technology.| STRAX generated a negative expected return over the last 90 days | |
| STRAX has high historical volatility and very poor performance | |
| STRAX has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Brazils Galipolo sees surge in crypto use, says 90 percent of flow tied to stablecoins - Reuters |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STRAX. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.