TCT Performance
| TCT Crypto | USD 0.0004 0.000014 3.25% |
The entity has a beta of 2.93, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TCT will likely underperform.
Risk-Adjusted Performance
7 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in TCT are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, TCT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Utah Judge Rules SECs Case Against Alleged Crypto Mining Scam Green United Can Proceed to Trial - Yahoo Finance | 09/25/2024 |
TCT |
TCT Relative Risk vs. Return Landscape
If you would invest 0.03 in TCT on September 1, 2024 and sell it today you would earn a total of 0.01 from holding TCT or generate 38.33% return on investment over 90 days. TCT is generating 0.8642% of daily returns assuming 8.7444% volatility of returns over the 90 days investment horizon. Simply put, 77% of all crypto coins have less volatile historical return distribution than TCT, and 83% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TCT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as TCT, and traders can use it to determine the average amount a TCT'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 = 0.0988
| Best Portfolio | Best Equity | |||
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| Small Returns | TCT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.74 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average TCT is performing at about 7% 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 TCT by adding it to a well-diversified portfolio.
About TCT Performance
By analyzing TCT's fundamental ratios, stakeholders can gain valuable insights into TCT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TCT 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 TCT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TCT is peer-to-peer digital currency powered by the Blockchain technology.| TCT is way too risky over 90 days horizon | |
| TCT has some characteristics of a very speculative cryptocurrency | |
| TCT appears to be risky and price may revert if volatility continues |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TCT. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.