DIA Performance
| DIA Crypto | USD 0.89 0.04 4.71% |
The crypto owns a Beta (Systematic Risk) of -1.16, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DIA are expected to decrease by larger amounts. On the other hand, during market turmoil, DIA is expected to outperform it.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in DIA are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, DIA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Moo Deng now has her own crypto, because of course she does - CNN | 09/27/2024 |
DIA |
DIA Relative Risk vs. Return Landscape
If you would invest 34.00 in DIA on September 1, 2024 and sell it today you would earn a total of 55.00 from holding DIA or generate 161.76% return on investment over 90 days. DIA is generating 2.2573% of daily returns assuming 14.4149% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than DIA 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 |
DIA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DIA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DIA, and traders can use it to determine the average amount a DIA'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 = 0.1566
| Best Portfolio | Best Equity | |||
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| Average Returns | DIA | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 14.41 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.26 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average DIA is performing at about 12% 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 DIA by adding it to a well-diversified portfolio.
About DIA Performance
By analyzing DIA's fundamental ratios, stakeholders can gain valuable insights into DIA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DIA 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 DIA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DIA is peer-to-peer digital currency powered by the Blockchain technology.| DIA is way too risky over 90 days horizon | |
| DIA has some characteristics of a very speculative cryptocurrency | |
| DIA 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 DIA. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.