DBC Performance
| DBC Crypto | USD 0 0.000007 0.19% |
The entity owns a Beta (Systematic Risk) of 2.2, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DBC will likely underperform.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in DBC are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, DBC exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Trump Team Weighs Creating First-Ever Crypto Czar - The Daily Beast | 11/21/2024 |
DBC |
DBC Relative Risk vs. Return Landscape
If you would invest 0.22 in DBC on August 30, 2024 and sell it today you would earn a total of 0.15 from holding DBC or generate 68.66% return on investment over 90 days. DBC is generating 1.3719% of daily returns assuming 11.2593% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than DBC on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DBC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DBC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DBC, and traders can use it to determine the average amount a DBC'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 = 0.1218
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.26 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.37 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average DBC is performing at about 9% 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 DBC by adding it to a well-diversified portfolio.
About DBC Performance
By analyzing DBC's fundamental ratios, stakeholders can gain valuable insights into DBC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DBC 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 DBC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DBC is peer-to-peer digital currency powered by the Blockchain technology.| DBC is way too risky over 90 days horizon | |
| DBC has some characteristics of a very speculative cryptocurrency | |
| DBC appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Trump Team Weighs Creating First-Ever Crypto Czar - The Daily Beast |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DBC. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.