Ronin Performance
| RONIN Crypto | USD 2.20 0.17 8.37% |
The crypto holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ronin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ronin is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Ronin are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Ronin exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Ronin |
Ronin Relative Risk vs. Return Landscape
If you would invest 150.00 in Ronin on September 1, 2024 and sell it today you would earn a total of 70.00 from holding Ronin or generate 46.67% return on investment over 90 days. Ronin is generating 0.7097% of daily returns and assumes 4.947% volatility on return distribution over the 90 days horizon. Simply put, 44% of crypto coins are less volatile than Ronin, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ronin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ronin's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Ronin, and traders can use it to determine the average amount a Ronin'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 = 0.1435
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Estimated Market Risk
| 4.95 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ronin is performing at about 11% 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 Ronin by adding it to a well-diversified portfolio.
About Ronin Performance
By analyzing Ronin's fundamental ratios, stakeholders can gain valuable insights into Ronin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ronin 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 Ronin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ronin is peer-to-peer digital currency powered by the Blockchain technology.| Ronin 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 Ronin. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.