JUST Performance
| JST Crypto | USD 0.04 0 3.69% |
The crypto retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JUST are expected to decrease at a much lower rate. During the bear market, JUST is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in JUST are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, JUST exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
JUST |
JUST Relative Risk vs. Return Landscape
If you would invest 2.91 in JUST on September 1, 2024 and sell it today you would earn a total of 1.02 from holding JUST or generate 35.05% return on investment over 90 days. JUST is generating 0.5151% of daily returns assuming 3.2904% volatility of returns over the 90 days investment horizon. Simply put, 29% of all crypto coins have less volatile historical return distribution than JUST, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
JUST Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for JUST's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as JUST, and traders can use it to determine the average amount a JUST'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 = 0.1565
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average JUST is performing at about 12% 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 JUST by adding it to a well-diversified portfolio.
About JUST Performance
By analyzing JUST's fundamental ratios, stakeholders can gain valuable insights into JUST's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if JUST 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 JUST has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
JUST is peer-to-peer digital currency powered by the Blockchain technology.| JUST has some characteristics of a very speculative cryptocurrency | |
| JUST 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 JUST. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.