ZetaChain Performance
| ZETA Crypto | USD 0.22 0.01 4.76% |
The entity maintains a market beta of 1.14, which attests to a somewhat significant risk relative to the market. ZetaChain returns are very sensitive to returns on the market. As the market goes up or down, ZetaChain is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ZetaChain 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 April 2025. The latest tumult may also be a sign of longer-term up-swing for ZetaChain shareholders. ...more
ZetaChain |
ZetaChain Relative Risk vs. Return Landscape
If you would invest 57.00 in ZetaChain on December 20, 2024 and sell it today you would lose (35.00) from holding ZetaChain or give up 61.4% of portfolio value over 90 days. ZetaChain is generating negative expected returns and assumes 6.1191% volatility on return distribution over the 90 days horizon. Simply put, 54% of crypto coins are less volatile than ZetaChain, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ZetaChain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZetaChain's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ZetaChain, and traders can use it to determine the average amount a ZetaChain'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 = -0.2131
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZETA |
Estimated Market Risk
| 6.12 actual daily | 54 54% of assets are less volatile |
Expected Return
| -1.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZetaChain 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 ZetaChain by adding ZetaChain to a well-diversified portfolio.
About ZetaChain Performance
By analyzing ZetaChain's fundamental ratios, stakeholders can gain valuable insights into ZetaChain's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ZetaChain 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 ZetaChain has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ZetaChain is peer-to-peer digital currency powered by the Blockchain technology.| ZetaChain generated a negative expected return over the last 90 days | |
| ZetaChain has high historical volatility and very poor performance | |
| ZetaChain 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 ZetaChain. 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 Valuation module to check real value of public entities based on technical and fundamental data.