Dash Performance
| DASH Crypto | USD 37.43 0.72 1.89% |
The crypto shows a Beta (market volatility) of 0.98, which means possible diversification benefits within a given portfolio. Dash returns are very sensitive to returns on the market. As the market goes up or down, Dash is expected to follow.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Dash are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Dash exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Dash |
Dash Relative Risk vs. Return Landscape
If you would invest 2,349 in Dash on August 30, 2024 and sell it today you would earn a total of 1,394 from holding Dash or generate 59.34% return on investment over 90 days. Dash is generating 0.7996% of daily returns and assumes 4.0847% volatility on return distribution over the 90 days horizon. Simply put, 36% of crypto coins are less volatile than Dash, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Dash Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dash's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Dash, and traders can use it to determine the average amount a Dash'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 = 0.1958
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Dash 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 Dash by adding it to a well-diversified portfolio.
About Dash Performance
By analyzing Dash's fundamental ratios, stakeholders can gain valuable insights into Dash's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Dash 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 Dash has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Dash is peer-to-peer digital currency powered by the Blockchain technology.| Dash appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dash. 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 CEOs Directory module to screen CEOs from public companies around the world.