DTA Performance
| DTA Crypto | USD 0.000003 0.00 0.00% |
The crypto owns a Beta (Systematic Risk) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and DTA are completely uncorrelated.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days DTA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, DTA is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
DTA |
DTA Relative Risk vs. Return Landscape
If you would invest 0.00 in DTA on September 3, 2024 and sell it today you would earn a total of 0.00 from holding DTA or generate 0.0% return on investment over 90 days. DTA is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than DTA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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DTA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DTA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DTA, and traders can use it to determine the average amount a DTA'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 = 0.0
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Based on monthly moving average DTA 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 DTA by adding DTA to a well-diversified portfolio.
About DTA Performance
By analyzing DTA's fundamental ratios, stakeholders can gain valuable insights into DTA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DTA 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 DTA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DTA is peer-to-peer digital currency powered by the Blockchain technology.| DTA generated a negative expected return over the last 90 days | |
| DTA has some characteristics of a very speculative cryptocurrency |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTA. 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 Channel module to use Commodity Channel Index to analyze current equity momentum.