YOYOW Performance
| YOYOW Crypto | USD 0.01 0.000024 0.31% |
The entity maintains a market beta of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YOYOW's returns are expected to increase less than the market. However, during the bear market, the loss of holding YOYOW is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in YOYOW are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, YOYOW exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
YOYOW |
YOYOW Relative Risk vs. Return Landscape
If you would invest 0.47 in YOYOW on August 30, 2024 and sell it today you would earn a total of 0.30 from holding YOYOW or generate 63.19% return on investment over 90 days. YOYOW is generating 0.823% of daily returns and assumes 3.3894% volatility on return distribution over the 90 days horizon. Simply put, 30% of crypto coins are less volatile than YOYOW, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
YOYOW Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for YOYOW's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as YOYOW, and traders can use it to determine the average amount a YOYOW'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 = 0.2428
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average YOYOW is performing at about 19% 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 YOYOW by adding it to a well-diversified portfolio.
About YOYOW Performance
By analyzing YOYOW's fundamental ratios, stakeholders can gain valuable insights into YOYOW's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if YOYOW 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 YOYOW has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
YOYOW is peer-to-peer digital currency powered by the Blockchain technology.| YOYOW has some characteristics of a very speculative cryptocurrency | |
| YOYOW 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 YOYOW. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..