HC Performance
| HC Crypto | USD 0.02 0 5.36% |
The crypto retains a Market Volatility (i.e., Beta) of 0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HC's returns are expected to increase less than the market. However, during the bear market, the loss of holding HC is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in HC are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, HC exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Cryptocurrency exchange network accused of helping Russia hit with sanctions - Yahoo Voices | 09/26/2024 |
HC |
HC Relative Risk vs. Return Landscape
If you would invest 1.87 in HC on September 1, 2024 and sell it today you would earn a total of 0.25 from holding HC or generate 13.37% return on investment over 90 days. HC is currently producing 0.3027% returns and takes up 4.7529% volatility of returns over 90 trading days. Put another way, 42% of traded crypto coins are less volatile than HC, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
HC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as HC, and traders can use it to determine the average amount a HC'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 = 0.0637
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average HC is performing at about 5% 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 HC by adding it to a well-diversified portfolio.
About HC Performance
By analyzing HC's fundamental ratios, stakeholders can gain valuable insights into HC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HC 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 HC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HC is peer-to-peer digital currency powered by the Blockchain technology.| HC has some characteristics of a very speculative cryptocurrency | |
| HC had very high historical volatility over the last 90 days |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HC. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.