Safe Performance
| SAFE Crypto | USD 1.18 0.01 0.84% |
The entity has a beta of -0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Safe are expected to decrease at a much lower rate. During the bear market, Safe is likely to outperform the market.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Safe are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Safe exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Safe |
Safe Relative Risk vs. Return Landscape
If you would invest 79.00 in Safe on August 30, 2024 and sell it today you would earn a total of 39.00 from holding Safe or generate 49.37% return on investment over 90 days. Safe is generating 0.9168% of daily returns and assumes 7.9772% volatility on return distribution over the 90 days horizon. Simply put, 71% of crypto coins are less volatile than Safe, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Safe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Safe's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Safe, and traders can use it to determine the average amount a Safe'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 = 0.1149
| Best Portfolio | Best Equity | |||
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| Small Returns | SAFE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.98 actual daily | 71 71% of assets are less volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Safe 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 Safe by adding it to a well-diversified portfolio.
About Safe Performance
By analyzing Safe's fundamental ratios, stakeholders can gain valuable insights into Safe's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Safe 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 Safe has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Safe is peer-to-peer digital currency powered by the Blockchain technology.| Safe is way too risky over 90 days horizon | |
| Safe may become a speculative penny crypto | |
| Safe appears to be risky and price may revert if volatility continues |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safe. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.