Coin98 Performance
| C98 Crypto | USD 0.22 0.01 4.76% |
The crypto shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coin98's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coin98 is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Coin98 are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Coin98 exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Coin98 |
Coin98 Relative Risk vs. Return Landscape
If you would invest 10.00 in Coin98 on September 1, 2024 and sell it today you would earn a total of 12.00 from holding Coin98 or generate 120.0% return on investment over 90 days. Coin98 is generating 1.4216% of daily returns assuming 6.3996% volatility of returns over the 90 days investment horizon. Simply put, 56% of all crypto coins have less volatile historical return distribution than Coin98, and 72% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coin98 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coin98's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Coin98, and traders can use it to determine the average amount a Coin98'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 = 0.2221
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Estimated Market Risk
| 6.4 actual daily | 56 56% of assets are less volatile |
Expected Return
| 1.42 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Coin98 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 Coin98 by adding it to a well-diversified portfolio.
About Coin98 Performance
By analyzing Coin98's fundamental ratios, stakeholders can gain valuable insights into Coin98's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Coin98 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 Coin98 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Coin98 is peer-to-peer digital currency powered by the Blockchain technology.| Coin98 is way too risky over 90 days horizon | |
| Coin98 has some characteristics of a very speculative cryptocurrency | |
| Coin98 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 Coin98. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.