Flare Performance
| FLR Crypto | USD 0.03 0 20.60% |
The crypto shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Flare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flare is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Flare are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Flare exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Crypto Whales Bought These Altcoins in the Third Week of November 2024 - BeInCrypto | 11/22/2024 |
Flare |
Flare Relative Risk vs. Return Landscape
If you would invest 1.52 in Flare on September 1, 2024 and sell it today you would earn a total of 1.23 from holding Flare or generate 80.92% return on investment over 90 days. Flare is generating 1.1261% of daily returns assuming 6.8014% volatility of returns over the 90 days investment horizon. Simply put, 60% of all crypto coins have less volatile historical return distribution than Flare, and 78% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Flare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flare's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Flare, and traders can use it to determine the average amount a Flare'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 = 0.1656
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.8 actual daily | 60 60% of assets are less volatile |
Expected Return
| 1.13 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Flare is performing at about 13% 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 Flare by adding it to a well-diversified portfolio.
About Flare Performance
By analyzing Flare's fundamental ratios, stakeholders can gain valuable insights into Flare's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Flare 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 Flare has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Flare is peer-to-peer digital currency powered by the Blockchain technology.| Flare is way too risky over 90 days horizon | |
| Flare has some characteristics of a very speculative cryptocurrency | |
| Flare appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Crypto Whales Bought These Altcoins in the Third Week of November 2024 - BeInCrypto |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flare. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.