UMA Performance
| UMA Crypto | USD 3.15 0.01 0.32% |
The entity owns a Beta (Systematic Risk) of 1.59, 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, UMA will likely underperform.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in UMA are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, UMA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
UMA |
UMA Relative Risk vs. Return Landscape
If you would invest 227.00 in UMA on August 30, 2024 and sell it today you would earn a total of 88.00 from holding UMA or generate 38.77% return on investment over 90 days. UMA is generating 0.6201% of daily returns assuming 4.7003% volatility of returns over the 90 days investment horizon. Simply put, 41% of all crypto coins have less volatile historical return distribution than UMA, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
UMA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for UMA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as UMA, and traders can use it to determine the average amount a UMA'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 = 0.1319
| Best Portfolio | Best Equity | |||
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| Small Returns | UMA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.7 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average UMA is performing at about 10% 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 UMA by adding it to a well-diversified portfolio.
About UMA Performance
By analyzing UMA's fundamental ratios, stakeholders can gain valuable insights into UMA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if UMA 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 UMA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
UMA is peer-to-peer digital currency powered by the Blockchain technology.| UMA 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 UMA. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..