DOCK Performance
| DOCK Crypto | USD 0 0.0001 5.90% |
The crypto owns a Beta (Systematic Risk) of 1.35, 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, DOCK will likely underperform.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in DOCK are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, DOCK exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
DOCK |
DOCK Relative Risk vs. Return Landscape
If you would invest 0.26 in DOCK on August 30, 2024 and sell it today you would lose (0.07) from holding DOCK or give up 25.65% of portfolio value over 90 days. DOCK is generating 0.2918% of daily returns and assumes 12.6022% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than DOCK 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 |
DOCK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DOCK's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DOCK, and traders can use it to determine the average amount a DOCK'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 = 0.0232
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DOCK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average DOCK is performing at about 1% 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 DOCK by adding it to a well-diversified portfolio.
About DOCK Performance
By analyzing DOCK's fundamental ratios, stakeholders can gain valuable insights into DOCK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DOCK 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 DOCK has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DOCK is peer-to-peer digital currency powered by the Blockchain technology.| DOCK had very high historical volatility over the last 90 days | |
| DOCK has some characteristics of a very speculative cryptocurrency |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DOCK. 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.