Tether Gold Performance
| XAUT Crypto | USD 3,077 31.39 1.03% |
The entity has a beta of -0.0202, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tether Gold are expected to decrease at a much lower rate. During the bear market, Tether Gold is likely to outperform the market.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Tether Gold are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Tether Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Tether |
Tether Gold Relative Risk vs. Return Landscape
If you would invest 262,196 in Tether Gold on December 21, 2024 and sell it today you would earn a total of 45,458 from holding Tether Gold or generate 17.34% return on investment over 90 days. Tether Gold is generating 0.2582% of daily returns and assumes 0.9129% volatility on return distribution over the 90 days horizon. Simply put, 8% of crypto coins are less volatile than Tether, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tether Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tether Gold's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Tether Gold, and traders can use it to determine the average amount a Tether Gold'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 = 0.2828
| Best Portfolio | Best Equity | |||
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| Small Returns | XAUT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Tether Gold is performing at about 22% 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 Tether Gold by adding it to a well-diversified portfolio.
About Tether Gold Performance
By analyzing Tether Gold's fundamental ratios, stakeholders can gain valuable insights into Tether Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tether Gold 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 Tether Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tether Gold is peer-to-peer digital currency powered by the Blockchain technology.