SCRT Performance
| SCRT Crypto | USD 0.53 0.13 19.70% |
The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SCRT's returns are expected to increase less than the market. However, during the bear market, the loss of holding SCRT 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 SCRT are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, SCRT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
SCRT |
SCRT Relative Risk vs. Return Landscape
If you would invest 19.00 in SCRT on September 12, 2024 and sell it today you would earn a total of 34.00 from holding SCRT or generate 178.95% return on investment over 90 days. SCRT is generating 2.0709% of daily returns and assumes 10.6472% volatility on return distribution over the 90 days horizon. Simply put, 94% of crypto coins are less volatile than SCRT, and 59% 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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SCRT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCRT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SCRT, and traders can use it to determine the average amount a SCRT'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 = 0.1945
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Estimated Market Risk
| 10.65 actual daily | 94 94% of assets are less volatile |
Expected Return
| 2.07 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average SCRT is performing at about 15% 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 SCRT by adding it to a well-diversified portfolio.
About SCRT Performance
By analyzing SCRT's fundamental ratios, stakeholders can gain valuable insights into SCRT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SCRT 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 SCRT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Secret is peer-to-peer digital currency powered by the Blockchain technology.| SCRT is way too risky over 90 days horizon | |
| SCRT has some characteristics of a very speculative cryptocurrency | |
| SCRT 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 SCRT. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.