Celer Network Performance
| CELR Crypto | USD 0.02 0 9.13% |
The crypto shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Celer Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding Celer Network 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 Celer Network are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Celer Network exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Celer |
Celer Network Relative Risk vs. Return Landscape
If you would invest 1.06 in Celer Network on September 1, 2024 and sell it today you would earn a total of 1.21 from holding Celer Network or generate 114.15% return on investment over 90 days. Celer Network is generating 1.3552% of daily returns and assumes 6.0718% volatility on return distribution over the 90 days horizon. Simply put, 54% of crypto coins are less volatile than Celer, and 73% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Celer Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Celer Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Celer Network, and traders can use it to determine the average amount a Celer 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 = 0.2232
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.07 actual daily | 54 54% of assets are less volatile |
Expected Return
| 1.36 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Celer 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 Celer Network by adding it to a well-diversified portfolio.
About Celer Network Performance
By analyzing Celer Network's fundamental ratios, stakeholders can gain valuable insights into Celer Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Celer 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 Celer Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Celer Network is peer-to-peer digital currency powered by the Blockchain technology.| Celer Network is way too risky over 90 days horizon | |
| Celer Network has some characteristics of a very speculative cryptocurrency | |
| Celer Network 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 Celer 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.