Polygon Ecosystem Performance
| POL Crypto | USD 0.57 0.01 1.72% |
The crypto holds a Beta of 1.36, which implies 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, Polygon Ecosystem will likely underperform.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Polygon Ecosystem Token are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady essential indicators, Polygon Ecosystem exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Polygon Ecosystem Relative Risk vs. Return Landscape
If you would invest 42.00 in Polygon Ecosystem Token on August 30, 2024 and sell it today you would earn a total of 15.00 from holding Polygon Ecosystem Token or generate 35.71% return on investment over 90 days. Polygon Ecosystem Token is generating 0.6029% of daily returns assuming 5.0993% volatility of returns over the 90 days investment horizon. Simply put, 45% of all crypto coins have less volatile historical return distribution than Polygon Ecosystem, and 88% 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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Polygon Ecosystem Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polygon Ecosystem's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Polygon Ecosystem Token, and traders can use it to determine the average amount a Polygon Ecosystem'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 = 0.1182
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.1 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Polygon Ecosystem 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 Polygon Ecosystem by adding it to a well-diversified portfolio.
About Polygon Ecosystem Performance
By analyzing Polygon Ecosystem's fundamental ratios, stakeholders can gain valuable insights into Polygon Ecosystem's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Polygon Ecosystem 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 Polygon Ecosystem has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Polygon Ecosystem Token is peer-to-peer digital currency powered by the Blockchain technology.| Polygon Ecosystem is way too risky over 90 days horizon | |
| Polygon Ecosystem has some characteristics of a very speculative cryptocurrency | |
| Polygon Ecosystem 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 Polygon Ecosystem Token. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.