Manta Network Performance
| MANTA Crypto | USD 1.12 0.01 0.90% |
The crypto secures a Beta (Market Risk) of 1.9, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Manta Network will likely underperform.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Manta Network are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Manta Network exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Manta |
Manta Network Relative Risk vs. Return Landscape
If you would invest 65.00 in Manta Network on August 30, 2024 and sell it today you would earn a total of 47.00 from holding Manta Network or generate 72.31% return on investment over 90 days. Manta Network is generating 1.054% of daily returns and assumes 6.3662% volatility on return distribution over the 90 days horizon. Simply put, 56% of crypto coins are less volatile than Manta, and 79% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Manta Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manta Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Manta Network, and traders can use it to determine the average amount a Manta Network'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 = 0.1656
| Best Portfolio | Best Equity | |||
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| Small Returns | MANTA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.37 actual daily | 56 56% of assets are less volatile |
Expected Return
| 1.05 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Manta Network is performing at about 13% 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 Manta Network by adding it to a well-diversified portfolio.
About Manta Network Performance
By analyzing Manta Network's fundamental ratios, stakeholders can gain valuable insights into Manta Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Manta Network 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 Manta Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Manta Network is peer-to-peer digital currency powered by the Blockchain technology.| Manta Network is way too risky over 90 days horizon | |
| Manta Network may become a speculative penny crypto | |
| Manta Network 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 Manta Network. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.