IoTeX Network Performance
| IOTX Crypto | USD 0.07 0.01 18.63% |
The crypto retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IoTeX Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding IoTeX Network is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in IoTeX Network are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, IoTeX Network exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
IoTeX |
IoTeX Network Relative Risk vs. Return Landscape
If you would invest 3.37 in IoTeX Network on September 4, 2024 and sell it today you would earn a total of 3.19 from holding IoTeX Network or generate 94.66% return on investment over 90 days. IoTeX Network is generating 1.1684% of daily returns and assumes 5.3942% volatility on return distribution over the 90 days horizon. Simply put, 48% of crypto coins are less volatile than IoTeX, and 77% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IoTeX Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IoTeX Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as IoTeX Network, and traders can use it to determine the average amount a IoTeX Network'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 = 0.2166
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.39 actual daily | 47 53% of assets are more volatile |
Expected Return
| 1.17 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average IoTeX Network is performing at about 17% 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 IoTeX Network by adding it to a well-diversified portfolio.
About IoTeX Network Performance
By analyzing IoTeX Network's fundamental ratios, stakeholders can gain valuable insights into IoTeX Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IoTeX Network 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 IoTeX Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
IoTeX Network is peer-to-peer digital currency powered by the Blockchain technology.| IoTeX Network is way too risky over 90 days horizon | |
| IoTeX Network has some characteristics of a very speculative cryptocurrency | |
| IoTeX Network appears to be risky and price may revert if volatility continues |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IoTeX Network. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.