LUNC Performance
| LUNC Crypto | USD 0.0001 0.000011 8.80% |
The crypto secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LUNC are expected to decrease at a much lower rate. During the bear market, LUNC is likely to outperform the market.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in LUNC are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, LUNC exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
LUNC |
LUNC Relative Risk vs. Return Landscape
If you would invest 0.01 in LUNC on September 1, 2024 and sell it today you would earn a total of 0.01 from holding LUNC or generate 68.0% return on investment over 90 days. LUNC is generating 0.8827% of daily returns and assumes 4.1233% volatility on return distribution over the 90 days horizon. Simply put, 36% of crypto coins are less volatile than LUNC, and 83% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
LUNC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LUNC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as LUNC, and traders can use it to determine the average amount a LUNC'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 = 0.2141
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average LUNC is performing at about 16% 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 LUNC by adding it to a well-diversified portfolio.
About LUNC Performance
By analyzing LUNC's fundamental ratios, stakeholders can gain valuable insights into LUNC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LUNC 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 LUNC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
LUNC is peer-to-peer digital currency powered by the Blockchain technology.| LUNC has some characteristics of a very speculative cryptocurrency | |
| LUNC appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LUNC. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.