UGAS Performance
| UGAS Crypto | USD 0.0004 0.000004 1.03% |
The entity owns a Beta (Systematic Risk) of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UGAS's returns are expected to increase less than the market. However, during the bear market, the loss of holding UGAS is expected to be smaller as well.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in UGAS are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, UGAS exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
UGAS |
UGAS Relative Risk vs. Return Landscape
If you would invest 0.02 in UGAS on September 1, 2024 and sell it today you would earn a total of 0.02 from holding UGAS or generate 67.83% return on investment over 90 days. UGAS is generating 0.8532% of daily returns and assumes 3.3464% volatility on return distribution over the 90 days horizon. Simply put, 29% of crypto coins are less volatile than UGAS, and 83% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
UGAS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for UGAS's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as UGAS, and traders can use it to determine the average amount a UGAS'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 = 0.255
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average UGAS is performing at about 20% 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 UGAS by adding it to a well-diversified portfolio.
About UGAS Performance
By analyzing UGAS's fundamental ratios, stakeholders can gain valuable insights into UGAS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if UGAS 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 UGAS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
UGAS is peer-to-peer digital currency powered by the Blockchain technology.| UGAS has some characteristics of a very speculative cryptocurrency | |
| UGAS appears to be risky and price may revert if volatility continues |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UGAS. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.