XDC Network Performance
| XDC Crypto | USD 0.07 0 1.56% |
The entity owns a Beta (Systematic Risk) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, XDC Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding XDC Network is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in XDC Network are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, XDC Network may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
XDC |
XDC Network Relative Risk vs. Return Landscape
If you would invest 7.48 in XDC Network on December 20, 2024 and sell it today you would lose (0.32) from holding XDC Network or give up 4.28% of portfolio value over 90 days. XDC Network is generating 0.1427% of daily returns assuming 6.6829% volatility of returns over the 90 days investment horizon. Simply put, 59% of all crypto coins have less volatile historical return distribution than XDC Network, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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XDC Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XDC Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XDC Network, and traders can use it to determine the average amount a XDC Network'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 = 0.0214
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| Cash | Small Risk | Average Risk | XDC | Huge Risk |
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Estimated Market Risk
| 6.68 actual daily | 59 59% of assets are less volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average XDC Network 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 XDC Network by adding it to a well-diversified portfolio.
About XDC Network Performance
By analyzing XDC Network's fundamental ratios, stakeholders can gain valuable insights into XDC Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XDC Network 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 XDC Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
XDC Network is peer-to-peer digital currency powered by the Blockchain technology.| XDC Network had very high historical volatility over the last 90 days | |
| XDC Network 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 XDC Network. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.