Radix Performance
| XRD Crypto | USD 0.01 0.0001 0.91% |
The crypto holds a Beta of -1.76, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Radix are expected to decrease by larger amounts. On the other hand, during market turmoil, Radix is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Radix has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's fundamental indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for Radix shareholders. ...more
Radix |
Radix Relative Risk vs. Return Landscape
If you would invest 3.04 in Radix on November 28, 2024 and sell it today you would lose (1.95) from holding Radix or give up 64.14% of portfolio value over 90 days. Radix is producing return of less than zero assuming 6.2739% volatility of returns over the 90 days investment horizon. Simply put, 55% of all crypto coins have less volatile historical return distribution than Radix, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Radix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radix's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Radix, and traders can use it to determine the average amount a Radix'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 = -0.2259
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XRD |
Estimated Market Risk
| 6.27 actual daily | 55 55% of assets are less volatile |
Expected Return
| -1.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Radix is not performing at its full potential. However, 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 Radix by adding Radix to a well-diversified portfolio.
About Radix Performance
By analyzing Radix's fundamental ratios, stakeholders can gain valuable insights into Radix's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Radix 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 Radix has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Radix is peer-to-peer digital currency powered by the Blockchain technology.| Radix generated a negative expected return over the last 90 days | |
| Radix has high historical volatility and very poor performance | |
| Radix 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 Radix. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.