UBEX Performance
| UBEX Crypto | USD 0.000037 0.000004 12.12% |
The entity has a beta of 1.38, 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, UBEX will likely underperform.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in UBEX are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, UBEX exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
UBEX |
UBEX Relative Risk vs. Return Landscape
If you would invest 0.00 in UBEX on August 30, 2024 and sell it today you would earn a total of 0.00 from holding UBEX or generate 48.0% return on investment over 90 days. UBEX is generating 0.6999% of daily returns and assumes 4.1865% volatility on return distribution over the 90 days horizon. Simply put, 37% of crypto coins are less volatile than UBEX, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
UBEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBEX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as UBEX, and traders can use it to determine the average amount a UBEX'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 = 0.1672
| Best Portfolio | Best Equity | |||
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| Small Returns | UBEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average UBEX is performing at about 13% 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 UBEX by adding it to a well-diversified portfolio.
About UBEX Performance
By analyzing UBEX's fundamental ratios, stakeholders can gain valuable insights into UBEX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if UBEX 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 UBEX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
UBEX is peer-to-peer digital currency powered by the Blockchain technology.| UBEX has some characteristics of a very speculative cryptocurrency | |
| UBEX 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 UBEX. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.