Coin98 Financials
| C98 Crypto | USD 0.22 0.01 4.76% |
Coin98 |
Please note, the presentation of Coin98's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Coin98's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Coin98's management manipulating its earnings.
Coin98 Crypto Summary
Coin98 competes with Staked Ether, Sui, Toncoin, Worldcoin, and Chainlink. Coin98 is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Coin98 Systematic Risk
Coin98's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coin98 volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Coin98 correlated with the market. If Beta is less than 0 Coin98 generally moves in the opposite direction as compared to the market. If Coin98 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coin98 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coin98 is generally in the same direction as the market. If Beta > 1 Coin98 moves generally in the same direction as, but more than the movement of the benchmark.
Coin98 November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Coin98 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coin98. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coin98 based on widely used predictive technical indicators. In general, we focus on analyzing Coin98 Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coin98's daily price indicators and compare them against related drivers.
| Downside Deviation | 9.39 | |||
| Information Ratio | 0.1507 | |||
| Maximum Drawdown | 25.38 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coin98. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.