AURO Performance
| AURO Crypto | USD 0.0003 0.000024 8.33% |
The crypto shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AURO's returns are expected to increase less than the market. However, during the bear market, the loss of holding AURO is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in AURO are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, AURO exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
AURO |
AURO Relative Risk vs. Return Landscape
If you would invest 0.02 in AURO on August 30, 2024 and sell it today you would earn a total of 0.01 from holding AURO or generate 49.15% return on investment over 90 days. AURO is generating 0.689% of daily returns and assumes 3.5998% volatility on return distribution over the 90 days horizon. Simply put, 32% of crypto coins are less volatile than AURO, and 87% 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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AURO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AURO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as AURO, and traders can use it to determine the average amount a AURO'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 = 0.1914
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average AURO 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 AURO by adding it to a well-diversified portfolio.
About AURO Performance
By analyzing AURO's fundamental ratios, stakeholders can gain valuable insights into AURO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AURO 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 AURO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AURO is peer-to-peer digital currency powered by the Blockchain technology.| AURO has some characteristics of a very speculative cryptocurrency | |
| AURO 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 AURO. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.