QSP Performance
| QSP Crypto | USD 0.0008 0.01 89.72% |
The crypto holds a Beta of -20.0, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning QSP are expected to decrease by larger amounts. On the other hand, during market turmoil, QSP is expected to outperform it.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in QSP are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, QSP exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
QSP |
QSP Relative Risk vs. Return Landscape
If you would invest 0.11 in QSP on September 3, 2024 and sell it today you would lose (0.03) from holding QSP or give up 27.51% of portfolio value over 90 days. QSP is generating 39.7151% of daily returns assuming 161.765% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than QSP on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
QSP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for QSP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as QSP, and traders can use it to determine the average amount a QSP'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 = 0.2455
| Best Portfolio | Best Equity | QSP | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 161.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average QSP is performing at about 19% 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 QSP by adding it to a well-diversified portfolio.
About QSP Performance
By analyzing QSP's fundamental ratios, stakeholders can gain valuable insights into QSP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if QSP 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 QSP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
QSP is peer-to-peer digital currency powered by the Blockchain technology.| QSP is way too risky over 90 days horizon | |
| QSP has some characteristics of a very speculative cryptocurrency | |
| QSP 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 QSP. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.