MDA Performance
| MDA Crypto | USD 0.01 0 22.04% |
The crypto owns a Beta (Systematic Risk) of 1.55, 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, MDA will likely underperform.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in MDA are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, MDA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
MDA |
MDA Relative Risk vs. Return Landscape
If you would invest 0.93 in MDA on September 1, 2024 and sell it today you would earn a total of 0.34 from holding MDA or generate 36.56% return on investment over 90 days. MDA is generating 1.1526% of daily returns assuming 11.7218% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than MDA 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 |
MDA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MDA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MDA, and traders can use it to determine the average amount a MDA'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 = 0.0983
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | MDA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.72 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average MDA is performing at about 7% 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 MDA by adding it to a well-diversified portfolio.
About MDA Performance
By analyzing MDA's fundamental ratios, stakeholders can gain valuable insights into MDA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MDA 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 MDA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MDA is peer-to-peer digital currency powered by the Blockchain technology.| MDA is way too risky over 90 days horizon | |
| MDA has some characteristics of a very speculative cryptocurrency | |
| MDA 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 MDA. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.