Sleepless Performance
| AI Crypto | USD 0.69 0.01 1.47% |
The entity has a beta of 1.92, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sleepless will likely underperform.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Sleepless are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Sleepless exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Sleepless |
Sleepless Relative Risk vs. Return Landscape
If you would invest 40.00 in Sleepless on September 12, 2024 and sell it today you would earn a total of 22.00 from holding Sleepless or generate 55.0% return on investment over 90 days. Sleepless is currently producing 0.9798% returns and takes up 7.7358% volatility of returns over 90 trading days. Put another way, 68% of traded crypto coins are less volatile than Sleepless, and 81% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sleepless Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sleepless' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Sleepless, and traders can use it to determine the average amount a Sleepless' 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 = 0.1267
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.74 actual daily | 68 68% of assets are less volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sleepless is performing at about 9% 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 Sleepless by adding it to a well-diversified portfolio.
About Sleepless Performance
By analyzing Sleepless' fundamental ratios, stakeholders can gain valuable insights into Sleepless' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sleepless 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 Sleepless has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Sleepless is peer-to-peer digital currency powered by the Blockchain technology.| Sleepless is way too risky over 90 days horizon | |
| Sleepless has some characteristics of a very speculative cryptocurrency | |
| Sleepless appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sleepless. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.