Monero Performance
| XMR Crypto | USD 194.76 6.27 3.12% |
The crypto secures a Beta (Market Risk) of -0.0794, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Monero are expected to decrease at a much lower rate. During the bear market, Monero is likely to outperform the market.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Monero are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Monero exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Crypto Today Microsoft Rejects Bitcoin Reserve Plan, as Cardano, XRP Lead Market Rebound - FXStreet | 12/10/2024 |
Monero |
Monero Relative Risk vs. Return Landscape
If you would invest 14,752 in Monero on October 8, 2024 and sell it today you would earn a total of 4,724 from holding Monero or generate 32.02% return on investment over 90 days. Monero is generating 0.5355% of daily returns assuming 4.6675% volatility of returns over the 90 days investment horizon. Simply put, 41% of all crypto coins have less volatile historical return distribution than Monero, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Monero Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monero's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Monero, and traders can use it to determine the average amount a Monero'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 = 0.1147
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.67 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Monero is performing at about 9% 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 Monero by adding it to a well-diversified portfolio.
About Monero Performance
By analyzing Monero's fundamental ratios, stakeholders can gain valuable insights into Monero's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Monero 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 Monero has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Monero is peer-to-peer digital currency powered by the Blockchain technology.| Monero appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Crypto Today Microsoft Rejects Bitcoin Reserve Plan, as Cardano, XRP Lead Market Rebound - FXStreet |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Monero. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.