TNB Performance
| TNB Crypto | USD 0.000087 0.000001 1.16% |
The entity owns a Beta (Systematic Risk) of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TNB's returns are expected to increase less than the market. However, during the bear market, the loss of holding TNB is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in TNB are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental drivers, TNB exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Charles Schwab incoming CEO I feel silly for not buying crypto - Business Insider | 11/22/2024 |
TNB |
TNB Relative Risk vs. Return Landscape
If you would invest 0.01 in TNB on August 30, 2024 and sell it today you would earn a total of 0.00 from holding TNB or generate 64.15% return on investment over 90 days. TNB is generating 0.8283% of daily returns assuming 3.272% volatility of returns over the 90 days investment horizon. Simply put, 29% of all crypto coins have less volatile historical return distribution than TNB, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TNB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TNB's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as TNB, and traders can use it to determine the average amount a TNB'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 = 0.2531
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average TNB is performing at about 19% 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 TNB by adding it to a well-diversified portfolio.
About TNB Performance
By analyzing TNB's fundamental ratios, stakeholders can gain valuable insights into TNB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TNB 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 TNB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TNB is peer-to-peer digital currency powered by the Blockchain technology.| TNB has some characteristics of a very speculative cryptocurrency | |
| TNB appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Charles Schwab incoming CEO I feel silly for not buying crypto - Business Insider |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TNB. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.