FRONT Performance
| FRONT Crypto | USD 0.67 0.01 1.47% |
The crypto shows a Beta (market volatility) of -1.53, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning FRONT are expected to decrease by larger amounts. On the other hand, during market turmoil, FRONT is expected to outperform it.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in FRONT are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, FRONT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
FRONT |
FRONT Relative Risk vs. Return Landscape
If you would invest 73.00 in FRONT on September 1, 2024 and sell it today you would lose (6.00) from holding FRONT or give up 8.22% of portfolio value over 90 days. FRONT is generating 2.5794% of daily returns and assumes 29.7086% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than FRONT 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 |
FRONT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FRONT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as FRONT, and traders can use it to determine the average amount a FRONT'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 = 0.0868
| Best Portfolio | Best Equity | |||
| Good Returns | FRONT | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 29.71 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.58 actual daily | 51 51% of assets have lower returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average FRONT is performing at about 6% 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 FRONT by adding it to a well-diversified portfolio.
About FRONT Performance
By analyzing FRONT's fundamental ratios, stakeholders can gain valuable insights into FRONT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FRONT 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 FRONT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FRONT is peer-to-peer digital currency powered by the Blockchain technology.| FRONT is way too risky over 90 days horizon | |
| FRONT has some characteristics of a very speculative cryptocurrency | |
| FRONT 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 FRONT. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.