MANTRA Performance
| OM Crypto | USD 3.50 0.01 0.28% |
The entity secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MANTRA's returns are expected to increase less than the market. However, during the bear market, the loss of holding MANTRA is expected to be smaller as well.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in MANTRA are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, MANTRA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Bitcoin Flirts With 100,000 on Optimism Over US Crypto Outlook - Yahoo Finance | 11/22/2024 |
MANTRA |
MANTRA Relative Risk vs. Return Landscape
If you would invest 91.00 in MANTRA on August 30, 2024 and sell it today you would earn a total of 259.00 from holding MANTRA or generate 284.62% return on investment over 90 days. MANTRA is currently producing 2.5241% returns and takes up 9.9041% volatility of returns over 90 trading days. Put another way, 88% of traded crypto coins are less volatile than MANTRA, and 50% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
MANTRA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MANTRA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MANTRA, and traders can use it to determine the average amount a MANTRA'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 = 0.2549
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | OM | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.9 actual daily | 88 88% of assets are less volatile |
Expected Return
| 2.52 actual daily | 50 50% of assets have lower returns |
Risk-Adjusted Return
| 0.25 actual daily | 20 80% of assets perform better |
Based on monthly moving average MANTRA is performing at about 20% 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 MANTRA by adding it to a well-diversified portfolio.
About MANTRA Performance
By analyzing MANTRA's fundamental ratios, stakeholders can gain valuable insights into MANTRA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MANTRA 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 MANTRA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MANTRA is peer-to-peer digital currency powered by the Blockchain technology.| MANTRA is way too risky over 90 days horizon | |
| MANTRA appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitcoin Flirts With 100,000 on Optimism Over US Crypto Outlook - Yahoo Finance |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in MANTRA. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.