HOT Performance
| HOT Crypto | USD 0 0.0003 8.97% |
The crypto retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HOT's returns are expected to increase less than the market. However, during the bear market, the loss of holding HOT is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in HOT are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, HOT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
HOT |
HOT Relative Risk vs. Return Landscape
If you would invest 0.16 in HOT on September 1, 2024 and sell it today you would earn a total of 0.18 from holding HOT or generate 113.15% return on investment over 90 days. HOT is generating 1.3316% of daily returns assuming 5.7446% volatility of returns over the 90 days investment horizon. Simply put, 51% of all crypto coins have less volatile historical return distribution than HOT, and 74% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
HOT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HOT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as HOT, and traders can use it to determine the average amount a HOT'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 = 0.2318
| Best Portfolio | Best Equity | |||
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| Average Returns | HOT | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.74 actual daily | 51 51% of assets are less volatile |
Expected Return
| 1.33 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average HOT is performing at about 18% 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 HOT by adding it to a well-diversified portfolio.
About HOT Performance
By analyzing HOT's fundamental ratios, stakeholders can gain valuable insights into HOT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HOT 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 HOT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HOT is peer-to-peer digital currency powered by the Blockchain technology.| HOT is way too risky over 90 days horizon | |
| HOT has some characteristics of a very speculative cryptocurrency | |
| HOT 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 HOT. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.