MONA Performance
| MONA Crypto | USD 0.32 0.03 10.34% |
The crypto secures a Beta (Market Risk) of -1.09, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning MONA are expected to decrease slowly. On the other hand, during market turmoil, MONA is expected to outperform it slightly.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in MONA are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, MONA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
MONA |
MONA Relative Risk vs. Return Landscape
If you would invest 27.00 in MONA on August 30, 2024 and sell it today you would earn a total of 5.00 from holding MONA or generate 18.52% return on investment over 90 days. MONA is generating 0.3568% of daily returns and assumes 4.4455% volatility on return distribution over the 90 days horizon. Simply put, 39% of crypto coins are less volatile than MONA, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MONA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MONA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MONA, and traders can use it to determine the average amount a MONA'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 = 0.0803
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average MONA is performing at about 6% 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 MONA by adding it to a well-diversified portfolio.
About MONA Performance
By analyzing MONA's fundamental ratios, stakeholders can gain valuable insights into MONA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MONA 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 MONA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MONA is peer-to-peer digital currency powered by the Blockchain technology.| MONA has some characteristics of a very speculative cryptocurrency | |
| MONA had very high historical volatility over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MONA. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.