WOO Network Performance
| WOO Crypto | USD 0.28 0.03 12.00% |
The entity maintains a market beta of 1.71, which attests to 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, WOO Network will likely underperform.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in WOO Network are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, WOO Network exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
WOO |
WOO Network Relative Risk vs. Return Landscape
If you would invest 15.00 in WOO Network on August 30, 2024 and sell it today you would earn a total of 13.00 from holding WOO Network or generate 86.67% return on investment over 90 days. WOO Network is generating 1.215% of daily returns assuming 6.9984% volatility of returns over the 90 days investment horizon. Simply put, 62% of all crypto coins have less volatile historical return distribution than WOO Network, and 76% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WOO Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WOO Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as WOO Network, and traders can use it to determine the average amount a WOO Network'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 = 0.1736
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.0 actual daily | 62 62% of assets are less volatile |
Expected Return
| 1.22 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average WOO Network 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 WOO Network by adding it to a well-diversified portfolio.
About WOO Network Performance
By analyzing WOO Network's fundamental ratios, stakeholders can gain valuable insights into WOO Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WOO Network 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 WOO Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
WOO Network is peer-to-peer digital currency powered by the Blockchain technology.| WOO Network is way too risky over 90 days horizon | |
| WOO Network has some characteristics of a very speculative cryptocurrency | |
| WOO Network 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 WOO Network. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.