MVL Performance
| MVL Crypto | USD 0.01 0.0009 15.42% |
The crypto secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MVL's returns are expected to increase less than the market. However, during the bear market, the loss of holding MVL is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in MVL are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady essential indicators, MVL exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
MVL |
MVL Relative Risk vs. Return Landscape
If you would invest 0.34 in MVL on September 1, 2024 and sell it today you would earn a total of 0.24 from holding MVL or generate 68.19% return on investment over 90 days. MVL is generating 1.4512% of daily returns assuming 11.8559% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than MVL 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 |
MVL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MVL's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MVL, and traders can use it to determine the average amount a MVL'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 = 0.1224
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | MVL | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.45 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average MVL is performing at about 9% 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 MVL by adding it to a well-diversified portfolio.
About MVL Performance
By analyzing MVL's fundamental ratios, stakeholders can gain valuable insights into MVL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MVL 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 MVL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MVL is peer-to-peer digital currency powered by the Blockchain technology.| MVL is way too risky over 90 days horizon | |
| MVL has some characteristics of a very speculative cryptocurrency | |
| MVL 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 MVL. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.