WGRT Performance
| WGRT Crypto | USD 0.0006 0.000028 4.82% |
The entity maintains a market beta of -0.81, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WGRT are expected to decrease at a much lower rate. During the bear market, WGRT is likely to outperform the market.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in WGRT are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound fundamental indicators, WGRT is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
WGRT |
WGRT Relative Risk vs. Return Landscape
If you would invest 0.07 in WGRT on December 18, 2024 and sell it today you would lose (0.01) from holding WGRT or give up 9.37% of portfolio value over 90 days. WGRT is generating 0.0994% of daily returns and assumes 7.3337% volatility on return distribution over the 90 days horizon. Simply put, 65% of crypto coins are less volatile than WGRT, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WGRT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WGRT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as WGRT, and traders can use it to determine the average amount a WGRT'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 = 0.0136
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| Cash | Small Risk | Average Risk | High Risk | WGRT |
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Estimated Market Risk
| 7.33 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average WGRT 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 WGRT by adding it to a well-diversified portfolio.
About WGRT Performance
By analyzing WGRT's fundamental ratios, stakeholders can gain valuable insights into WGRT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WGRT 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 WGRT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
WGRT is peer-to-peer digital currency powered by the Blockchain technology.| WGRT had very high historical volatility over the last 90 days | |
| WGRT has some characteristics of a very speculative cryptocurrency |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WGRT. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.