XPLA Performance
| XPLA Crypto | USD 0.11 0.01 10.00% |
The entity maintains a market beta of -0.0987, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning XPLA are expected to decrease at a much lower rate. During the bear market, XPLA is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in XPLA are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, XPLA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
XPLA |
XPLA Relative Risk vs. Return Landscape
If you would invest 9.47 in XPLA on September 1, 2024 and sell it today you would earn a total of 1.53 from holding XPLA or generate 16.16% return on investment over 90 days. XPLA is generating 0.2863% of daily returns and assumes 3.3758% volatility on return distribution over the 90 days horizon. Simply put, 30% of crypto coins are less volatile than XPLA, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
XPLA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XPLA's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XPLA, and traders can use it to determine the average amount a XPLA'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 = 0.0848
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average XPLA is performing at about 6% 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 XPLA by adding it to a well-diversified portfolio.
About XPLA Performance
By analyzing XPLA's fundamental ratios, stakeholders can gain valuable insights into XPLA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XPLA 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 XPLA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
XPLA is peer-to-peer digital currency powered by the Blockchain technology.| XPLA has some characteristics of a very speculative cryptocurrency | |
| XPLA had very high historical volatility over the last 90 days |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XPLA. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.