Gold Fields Performance
| GFI Crypto | USD 1.72 0.02 1.15% |
The crypto retains a Market Volatility (i.e., Beta) of 1.79, which attests to 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, Gold Fields will likely underperform.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Goldfinch has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's forward indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for Goldfinch shareholders. ...more
1 | Top super PAC backing Kamala Harris to accept cryptocurrency donations - Reuters | 09/04/2024 |
Gold |
Gold Fields Relative Risk vs. Return Landscape
If you would invest 222.00 in Goldfinch on August 30, 2024 and sell it today you would lose (50.00) from holding Goldfinch or give up 22.52% of portfolio value over 90 days. Goldfinch is producing return of less than zero assuming 5.5579% volatility of returns over the 90 days investment horizon. Simply put, 49% of all crypto coins have less volatile historical return distribution than Gold Fields, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gold Fields Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Fields' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Goldfinch, and traders can use it to determine the average amount a Gold Fields' 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 = -0.0447
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GFI |
Estimated Market Risk
| 5.56 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gold Fields is not performing at its full potential. However, 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 Gold Fields by adding Gold Fields to a well-diversified portfolio.
About Gold Fields Performance
By analyzing Gold Fields' fundamental ratios, stakeholders can gain valuable insights into Gold Fields' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Gold Fields 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 Gold Fields has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Goldfinch is peer-to-peer digital currency powered by the Blockchain technology.| Gold Fields generated a negative expected return over the last 90 days | |
| Gold Fields has high historical volatility and very poor performance | |
| Gold Fields may become a speculative penny crypto |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldfinch. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.