Core Performance
| CORE Crypto | USD 1.97 0.50 34.01% |
The crypto shows a Beta (market volatility) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Core are expected to decrease at a much lower rate. During the bear market, Core is likely to outperform the market.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Core are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Core exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Core |
Core Relative Risk vs. Return Landscape
If you would invest 87.00 in Core on September 1, 2024 and sell it today you would earn a total of 110.00 from holding Core or generate 126.44% return on investment over 90 days. Core is generating 1.5442% of daily returns and assumes 7.8719% volatility on return distribution over the 90 days horizon. Simply put, 70% of crypto coins are less volatile than Core, and 70% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Core's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Core, and traders can use it to determine the average amount a Core'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 = 0.1962
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | CORE | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.87 actual daily | 70 70% of assets are less volatile |
Expected Return
| 1.54 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Core 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 Core by adding it to a well-diversified portfolio.
About Core Performance
By analyzing Core's fundamental ratios, stakeholders can gain valuable insights into Core's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Core 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 Core has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Core is peer-to-peer digital currency powered by the Blockchain technology.| Core is way too risky over 90 days horizon | |
| Core may become a speculative penny crypto | |
| Core 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 Core. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.