VIDY Performance
| VIDY Crypto | USD 0.00001 0.000003 42.86% |
The entity has a beta of 1.28, 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, VIDY will likely underperform.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in VIDY are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, VIDY exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
VIDY |
VIDY Relative Risk vs. Return Landscape
If you would invest 0.00 in VIDY on November 28, 2024 and sell it today you would lose 0.00 from holding VIDY or give up 28.57% of portfolio value over 90 days. VIDY is generating 0.3387% of daily returns and assumes 13.6283% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than VIDY 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 |
VIDY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIDY's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as VIDY, and traders can use it to determine the average amount a VIDY'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 = 0.0249
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | VIDY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 13.63 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average VIDY is performing at about 1% 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 VIDY by adding it to a well-diversified portfolio.
About VIDY Performance
By analyzing VIDY's fundamental ratios, stakeholders can gain valuable insights into VIDY's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if VIDY 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 VIDY has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
VIDY is peer-to-peer digital currency powered by the Blockchain technology.| VIDY had very high historical volatility over the last 90 days | |
| VIDY 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 VIDY. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.