YAM Performance
| YAM Crypto | USD 0.03 0.01 22.63% |
The entity maintains a market beta of -0.79, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning YAM are expected to decrease at a much lower rate. During the bear market, YAM is likely to outperform the market.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in YAM are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady primary indicators, YAM exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
YAM |
YAM Relative Risk vs. Return Landscape
If you would invest 3.81 in YAM on December 17, 2024 and sell it today you would lose (1.77) from holding YAM or give up 46.46% of portfolio value over 90 days. YAM is generating 0.898% of daily returns assuming 20.4251% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than YAM 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 |
YAM Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for YAM's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as YAM, and traders can use it to determine the average amount a YAM'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 = 0.044
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 20.43 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average YAM is performing at about 3% 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 YAM by adding it to a well-diversified portfolio.
About YAM Performance
By analyzing YAM's fundamental ratios, stakeholders can gain valuable insights into YAM's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if YAM 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 YAM has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
YAM is peer-to-peer digital currency powered by the Blockchain technology.| YAM is way too risky over 90 days horizon | |
| YAM has some characteristics of a very speculative cryptocurrency | |
| YAM 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 YAM. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.