ZCash Performance
| ZEC Crypto | USD 33.59 0.13 0.39% |
The entity maintains a market beta of -2.78, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ZCash are expected to decrease by larger amounts. On the other hand, during market turmoil, ZCash is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ZCash 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 ZCash shareholders. ...more
1 | Bitcoin Slips Below 93K in Crypto Selloff, but Trader Sees Short-Term Bounce - CoinDesk | 01/08/2025 |
ZCash |
ZCash Relative Risk vs. Return Landscape
If you would invest 5,570 in ZCash on November 27, 2024 and sell it today you would lose (2,252) from holding ZCash or give up 40.43% of portfolio value over 90 days. ZCash is producing return of less than zero assuming 7.6713% volatility of returns over the 90 days investment horizon. Simply put, 68% of all crypto coins have less volatile historical return distribution than ZCash, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ZCash Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZCash's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ZCash, and traders can use it to determine the average amount a ZCash'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 = -0.0703
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZEC |
Estimated Market Risk
| 7.67 actual daily | 68 68% of assets are less volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZCash 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 ZCash by adding ZCash to a well-diversified portfolio.
About ZCash Performance
By analyzing ZCash's fundamental ratios, stakeholders can gain valuable insights into ZCash's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ZCash 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 ZCash has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ZCash is peer-to-peer digital currency powered by the Blockchain technology.| ZCash generated a negative expected return over the last 90 days | |
| ZCash has high historical volatility and very poor performance |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZCash. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.