Waves Performance
| WAVES Crypto | USD 2.24 0.07 3.23% |
The entity maintains a market beta of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Waves' returns are expected to increase less than the market. However, during the bear market, the loss of holding Waves is expected to be smaller as well.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Waves are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Waves exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Gaming app scam In a 1st, ED attaches cryptocurrency worth Rs 25-cr in e-wallets of Chinese nationals - ThePrint | 09/26/2024 |
Waves |
Waves Relative Risk vs. Return Landscape
If you would invest 100.00 in Waves on September 1, 2024 and sell it today you would earn a total of 124.00 from holding Waves or generate 124.0% return on investment over 90 days. Waves is generating 1.3708% of daily returns and assumes 5.1772% volatility on return distribution over the 90 days horizon. Simply put, 46% of crypto coins are less volatile than Waves, and 73% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Waves Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waves' investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Waves, and traders can use it to determine the average amount a Waves' 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 = 0.2648
| Best Portfolio | Best Equity | |||
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| Average Returns | WAVES | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.18 actual daily | 46 54% of assets are more volatile |
Expected Return
| 1.37 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Waves is performing at about 20% 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 Waves by adding it to a well-diversified portfolio.
About Waves Performance
By analyzing Waves' fundamental ratios, stakeholders can gain valuable insights into Waves' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Waves 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 Waves has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Waves is peer-to-peer digital currency powered by the Blockchain technology.| Waves is way too risky over 90 days horizon | |
| Waves appears to be risky and price may revert if volatility continues |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waves. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..