NULS Performance
| NULS Crypto | USD 0.38 0.02 5.56% |
The crypto secures a Beta (Market Risk) of 1.19, 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, NULS will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days NULS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, NULS is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
NULS |
NULS Relative Risk vs. Return Landscape
If you would invest 40.00 in NULS on August 30, 2024 and sell it today you would lose (2.00) from holding NULS or give up 5.0% of portfolio value over 90 days. NULS is generating 0.0406% of daily returns and assumes 4.8965% volatility on return distribution over the 90 days horizon. Simply put, 43% of crypto coins are less volatile than NULS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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NULS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NULS's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as NULS, and traders can use it to determine the average amount a NULS'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 = 0.0083
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NULS |
Estimated Market Risk
| 4.9 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NULS is not performing at its full potential. However, 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 NULS by adding NULS to a well-diversified portfolio.
About NULS Performance
By analyzing NULS's fundamental ratios, stakeholders can gain valuable insights into NULS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NULS 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 NULS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NULS is peer-to-peer digital currency powered by the Blockchain technology.| NULS has some characteristics of a very speculative cryptocurrency | |
| NULS 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 NULS. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.