Scroll Network Performance
| SCROLL Crypto | USD 0.85 0.13 18.06% |
The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scroll Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scroll Network is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Scroll Network are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, Scroll Network sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Scroll Network Relative Risk vs. Return Landscape
If you would invest 0.00 in Scroll Network on August 30, 2024 and sell it today you would earn a total of 85.00 from holding Scroll Network or generate 9.223372036854776E16% return on investment over 90 days. Scroll Network is generating 15.9156% of daily returns and assumes 125.0628% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Scroll 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 |
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Scroll Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scroll Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Scroll Network, and traders can use it to determine the average amount a Scroll Network'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 = 0.1273
| Best Portfolio | Best Equity | SCROLL | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.06 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
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Scroll Network is performing at about 10% 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 Scroll Network by adding it to a well-diversified portfolio.
About Scroll Network Performance
By analyzing Scroll Network's fundamental ratios, stakeholders can gain valuable insights into Scroll Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Scroll Network 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 Scroll Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Scroll Network is peer-to-peer digital currency powered by the Blockchain technology.| Scroll Network is way too risky over 90 days horizon | |
| Scroll Network has some characteristics of a very speculative cryptocurrency | |
| Scroll Network 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 Scroll Network. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.