ARPA Performance
| ARPA Crypto | USD 0.06 0 5.34% |
The crypto shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ARPA's returns are expected to increase less than the market. However, during the bear market, the loss of holding ARPA is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in ARPA are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, ARPA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Crypto miners double down on AI hosting for more reliable cash flow - Yahoo Finance | 11/21/2024 |
ARPA |
ARPA Relative Risk vs. Return Landscape
If you would invest 3.49 in ARPA on September 1, 2024 and sell it today you would earn a total of 2.82 from holding ARPA or generate 80.8% return on investment over 90 days. ARPA is generating 1.0462% of daily returns and assumes 5.2178% volatility on return distribution over the 90 days horizon. Simply put, 46% of crypto coins are less volatile than ARPA, and 80% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ARPA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARPA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ARPA, and traders can use it to determine the average amount a ARPA'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 = 0.2005
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ARPA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.22 actual daily | 46 54% of assets are more volatile |
Expected Return
| 1.05 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average ARPA is performing at about 15% 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 ARPA by adding it to a well-diversified portfolio.
About ARPA Performance
By analyzing ARPA's fundamental ratios, stakeholders can gain valuable insights into ARPA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ARPA 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 ARPA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ARPA is peer-to-peer digital currency powered by the Blockchain technology.| ARPA is way too risky over 90 days horizon | |
| ARPA has some characteristics of a very speculative cryptocurrency | |
| ARPA appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Crypto miners double down on AI hosting for more reliable cash flow - Yahoo Finance |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARPA. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.