Xai Performance
| XAI Crypto | USD 0.39 0.03 8.33% |
The entity maintains a market beta of 1.2, 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, Xai will likely underperform.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Xai are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady forward indicators, Xai exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Xai |
Xai Relative Risk vs. Return Landscape
If you would invest 18.00 in Xai on September 1, 2024 and sell it today you would earn a total of 18.00 from holding Xai or generate 100.0% return on investment over 90 days. Xai is generating 1.3176% of daily returns assuming 7.1459% volatility of returns over the 90 days investment horizon. Simply put, 63% of all crypto coins have less volatile historical return distribution than Xai, and 74% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Xai Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xai's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Xai, and traders can use it to determine the average amount a Xai'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 = 0.1844
| Best Portfolio | Best Equity | |||
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| Average Returns | XAI | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.15 actual daily | 63 63% of assets are less volatile |
Expected Return
| 1.32 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Xai is performing at about 14% 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 Xai by adding it to a well-diversified portfolio.
About Xai Performance
By analyzing Xai's fundamental ratios, stakeholders can gain valuable insights into Xai's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Xai 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 Xai has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Xai is peer-to-peer digital currency powered by the Blockchain technology.| Xai is way too risky over 90 days horizon | |
| Xai has some characteristics of a very speculative cryptocurrency | |
| Xai 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 Xai. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.