Vulcan Forged Performance
| PYR Crypto | USD 4.04 0.09 2.28% |
The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vulcan Forged's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vulcan Forged is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Vulcan Forged are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Vulcan Forged exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Vulcan |
Vulcan Forged Relative Risk vs. Return Landscape
If you would invest 247.00 in Vulcan Forged on September 1, 2024 and sell it today you would earn a total of 157.00 from holding Vulcan Forged or generate 63.56% return on investment over 90 days. Vulcan Forged is generating 0.8848% of daily returns assuming 5.0523% volatility of returns over the 90 days investment horizon. Simply put, 44% of all crypto coins have less volatile historical return distribution than Vulcan Forged, and 83% 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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Vulcan Forged Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vulcan Forged's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Vulcan Forged, and traders can use it to determine the average amount a Vulcan Forged'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 = 0.1751
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Vulcan Forged is performing at about 13% 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 Vulcan Forged by adding it to a well-diversified portfolio.
About Vulcan Forged Performance
By analyzing Vulcan Forged's fundamental ratios, stakeholders can gain valuable insights into Vulcan Forged's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Vulcan Forged 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 Vulcan Forged has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Vulcan Forged is peer-to-peer digital currency powered by the Blockchain technology.| Vulcan Forged is way too risky over 90 days horizon | |
| Vulcan Forged 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 Vulcan Forged. 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 Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.