TRON Performance
| TRX Crypto | USD 0.20 0.01 5.26% |
The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TRON are expected to decrease at a much lower rate. During the bear market, TRON is likely to outperform the market.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in TRON are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, TRON exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Donald Trump could create first crypto czar - NewsNation Now | 11/21/2024 |
TRON |
TRON Relative Risk vs. Return Landscape
If you would invest 16.00 in TRON on August 30, 2024 and sell it today you would earn a total of 4.00 from holding TRON or generate 25.0% return on investment over 90 days. TRON is generating 0.4207% of daily returns assuming 3.8767% volatility of returns over the 90 days investment horizon. Simply put, 34% of all crypto coins have less volatile historical return distribution than TRON, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TRON Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRON's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as TRON, and traders can use it to determine the average amount a TRON'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 = 0.1085
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average TRON is performing at about 8% 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 TRON by adding it to a well-diversified portfolio.
About TRON Performance
By analyzing TRON's fundamental ratios, stakeholders can gain valuable insights into TRON's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TRON 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 TRON has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TRON is peer-to-peer digital currency powered by the Blockchain technology.| TRON has some characteristics of a very speculative cryptocurrency | |
| TRON had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Donald Trump could create first crypto czar - NewsNation Now |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TRON. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.