ULTRA Performance
| ULTRA Crypto | USD 0.05 0.0009 1.77% |
The entity has a beta of 1.42, 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, ULTRA will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ULTRA 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 ULTRA shareholders. ...more
ULTRA |
ULTRA Relative Risk vs. Return Landscape
If you would invest 9.19 in ULTRA on December 20, 2024 and sell it today you would lose (4.20) from holding ULTRA or give up 45.7% of portfolio value over 90 days. ULTRA is generating negative expected returns and assumes 6.5829% volatility on return distribution over the 90 days horizon. Simply put, 58% of crypto coins are less volatile than ULTRA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ULTRA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ULTRA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ULTRA, and traders can use it to determine the average amount a ULTRA'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 = -0.1141
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ULTRA |
Estimated Market Risk
| 6.58 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.75 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ULTRA 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 ULTRA by adding ULTRA to a well-diversified portfolio.
About ULTRA Performance
By analyzing ULTRA's fundamental ratios, stakeholders can gain valuable insights into ULTRA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ULTRA 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 ULTRA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ULTRA is peer-to-peer digital currency powered by the Blockchain technology.| ULTRA generated a negative expected return over the last 90 days | |
| ULTRA has high historical volatility and very poor performance | |
| ULTRA 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 ULTRA. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.