Gala Performance
| GALA Crypto | USD 0.04 0.0002 0.54% |
The crypto retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gala's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gala is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Gala are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Gala exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Gala |
Gala Relative Risk vs. Return Landscape
If you would invest 1.90 in Gala on August 30, 2024 and sell it today you would earn a total of 1.81 from holding Gala or generate 95.26% return on investment over 90 days. Gala is generating 1.2279% of daily returns and assumes 6.0354% volatility on return distribution over the 90 days horizon. Simply put, 53% of crypto coins are less volatile than Gala, and 76% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gala Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gala's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Gala, and traders can use it to determine the average amount a Gala'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 = 0.2034
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.04 actual daily | 53 53% of assets are less volatile |
Expected Return
| 1.23 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Gala is performing at about 16% 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 Gala by adding it to a well-diversified portfolio.
About Gala Performance
By analyzing Gala's fundamental ratios, stakeholders can gain valuable insights into Gala's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Gala 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 Gala has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Gala is peer-to-peer digital currency powered by the Blockchain technology.| Gala is way too risky over 90 days horizon | |
| Gala has some characteristics of a very speculative cryptocurrency | |
| Gala appears to be risky and price may revert if volatility continues |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gala. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.