Pixels Performance
| PIXEL Crypto | USD 0.26 0.01 4.00% |
The crypto holds a Beta of 0.79, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pixels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pixels is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Pixels are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Pixels exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Pixels |
Pixels Relative Risk vs. Return Landscape
If you would invest 12.00 in Pixels on September 1, 2024 and sell it today you would earn a total of 14.00 from holding Pixels or generate 116.67% return on investment over 90 days. Pixels is generating 1.5239% of daily returns and assumes 8.3356% volatility on return distribution over the 90 days horizon. Simply put, 74% of crypto coins are less volatile than Pixels, and 70% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Pixels Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pixels' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Pixels, and traders can use it to determine the average amount a Pixels' 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 = 0.1828
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | PIXEL | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.34 actual daily | 74 74% of assets are less volatile |
Expected Return
| 1.52 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Pixels is performing at about 14% 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 Pixels by adding it to a well-diversified portfolio.
About Pixels Performance
By analyzing Pixels' fundamental ratios, stakeholders can gain valuable insights into Pixels' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pixels 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 Pixels has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Pixels is peer-to-peer digital currency powered by the Blockchain technology.| Pixels is way too risky over 90 days horizon | |
| Pixels has some characteristics of a very speculative cryptocurrency | |
| Pixels appears to be risky and price may revert if volatility continues |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pixels. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.