SMARTSHARE Performance
The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SMARTSHARE are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days SMARTSHARE has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong technical indicators, SMARTSHARE is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
SMARTSHARE |
SMARTSHARE Relative Risk vs. Return Landscape
If you would invest (100.00) in SMARTSHARE on September 1, 2024 and sell it today you would earn a total of 100.00 from holding SMARTSHARE or generate -100.0% return on investment over 90 days. SMARTSHARE is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of crypto coins are less volatile than SMARTSHARE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SMARTSHARE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMARTSHARE's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SMARTSHARE, and traders can use it to determine the average amount a SMARTSHARE'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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| SMARTSHARE |
Based on monthly moving average SMARTSHARE is not performing at its full potential. However, 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 SMARTSHARE by adding SMARTSHARE to a well-diversified portfolio.
| SMARTSHARE is not yet fully synchronised with the market data | |
| SMARTSHARE has some characteristics of a very speculative cryptocurrency |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Tools for SMARTSHARE Crypto Coin
When running SMARTSHARE's price analysis, check to measure SMARTSHARE's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy SMARTSHARE is operating at the current time. Most of SMARTSHARE's value examination focuses on studying past and present price actions to predict the probability of SMARTSHARE's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move SMARTSHARE's coin price. Additionally, you may evaluate how adding SMARTSHARE to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |