GRIN Performance
| GRIN Crypto | USD 0.05 0.01 15.37% |
The crypto retains a Market Volatility (i.e., Beta) of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GRIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding GRIN is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in GRIN are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, GRIN exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
GRIN |
GRIN Relative Risk vs. Return Landscape
If you would invest 3.03 in GRIN on September 1, 2024 and sell it today you would earn a total of 1.43 from holding GRIN or generate 47.19% return on investment over 90 days. GRIN is generating 0.7154% of daily returns and assumes 5.0085% volatility on return distribution over the 90 days horizon. Simply put, 44% of crypto coins are less volatile than GRIN, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GRIN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GRIN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as GRIN, and traders can use it to determine the average amount a GRIN'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 = 0.1428
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.01 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average GRIN is performing at about 11% 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 GRIN by adding it to a well-diversified portfolio.
About GRIN Performance
By analyzing GRIN's fundamental ratios, stakeholders can gain valuable insights into GRIN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GRIN 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 GRIN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GRIN is peer-to-peer digital currency powered by the Blockchain technology.| GRIN is way too risky over 90 days horizon | |
| GRIN has some characteristics of a very speculative cryptocurrency | |
| GRIN 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 GRIN. 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.