XY Oracle Performance
| XYO Crypto | USD 0.01 0 11.04% |
The entity owns a Beta (Systematic Risk) of 0.92, which attests to possible diversification benefits within a given portfolio. XY Oracle returns are very sensitive to returns on the market. As the market goes up or down, XY Oracle is expected to follow.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in XY Oracle are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, XY Oracle exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
XYO |
XY Oracle Relative Risk vs. Return Landscape
If you would invest 0.89 in XY Oracle on November 28, 2024 and sell it today you would earn a total of 0.48 from holding XY Oracle or generate 54.45% return on investment over 90 days. XY Oracle is generating 3.4882% of daily returns assuming 37.4179% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than XYO on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
XY Oracle Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XY Oracle's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XY Oracle, and traders can use it to determine the average amount a XY Oracle'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 = 0.0932
| Best Portfolio | Best Equity | |||
| Good Returns | XYO | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 37.42 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.49 actual daily | 69 69% of assets have lower returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average XY Oracle is performing at about 7% 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 XY Oracle by adding it to a well-diversified portfolio.
About XY Oracle Performance
By analyzing XY Oracle's fundamental ratios, stakeholders can gain valuable insights into XY Oracle's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XY Oracle 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 XY Oracle has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
XY Oracle is peer-to-peer digital currency powered by the Blockchain technology.| XY Oracle is way too risky over 90 days horizon | |
| XY Oracle has some characteristics of a very speculative cryptocurrency | |
| XY Oracle appears to be risky and price may revert if volatility continues |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XY Oracle. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.