Stargate Finance Performance
| STG Crypto | USD 0.38 0.01 2.70% |
The entity has a beta of 1.76, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Stargate Finance will likely underperform.
Risk-Adjusted Performance
7 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Stargate Finance are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, Stargate Finance exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Stargate |
Stargate Finance Relative Risk vs. Return Landscape
If you would invest 29.00 in Stargate Finance on August 30, 2024 and sell it today you would earn a total of 9.00 from holding Stargate Finance or generate 31.03% return on investment over 90 days. Stargate Finance is generating 0.5847% of daily returns assuming 5.9439% volatility of returns over the 90 days investment horizon. Simply put, 52% of all crypto coins have less volatile historical return distribution than Stargate Finance, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Stargate Finance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stargate Finance's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Stargate Finance, and traders can use it to determine the average amount a Stargate Finance'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 = 0.0984
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.94 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Stargate Finance is performing at about 7% 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 Stargate Finance by adding it to a well-diversified portfolio.
About Stargate Finance Performance
By analyzing Stargate Finance's fundamental ratios, stakeholders can gain valuable insights into Stargate Finance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Stargate Finance 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 Stargate Finance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Stargate Finance is peer-to-peer digital currency powered by the Blockchain technology.| Stargate Finance is way too risky over 90 days horizon | |
| Stargate Finance has some characteristics of a very speculative cryptocurrency | |
| Stargate Finance 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 Stargate Finance. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.