IRIS Performance
| IRIS Crypto | USD 0.01 0 13.66% |
The crypto retains a Market Volatility (i.e., Beta) of -2.45, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning IRIS are expected to decrease by larger amounts. On the other hand, during market turmoil, IRIS is expected to outperform it.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in IRIS are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, IRIS exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
IRIS |
IRIS Relative Risk vs. Return Landscape
If you would invest 1.42 in IRIS on September 1, 2024 and sell it today you would lose (0.03) from holding IRIS or give up 2.11% of portfolio value over 90 days. IRIS is generating 0.7628% of daily returns and assumes 15.1406% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than IRIS on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IRIS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IRIS's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as IRIS, and traders can use it to determine the average amount a IRIS'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 = 0.0504
| Best Portfolio | Best Equity | |||
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| Small Returns | IRIS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 15.14 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average IRIS is performing at about 3% 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 IRIS by adding it to a well-diversified portfolio.
About IRIS Performance
By analyzing IRIS's fundamental ratios, stakeholders can gain valuable insights into IRIS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IRIS 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 IRIS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
IRIS is peer-to-peer digital currency powered by the Blockchain technology.| IRIS is way too risky over 90 days horizon | |
| IRIS has some characteristics of a very speculative cryptocurrency | |
| IRIS 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 IRIS. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.