REDLANG Financials
| REDLANG Crypto | USD 0 0.000021 1.97% |
REDLANG |
REDLANG Crypto Summary
REDLANG competes with Staked Ether, EigenLayer, BLZ, Highstreet, and Tokocrypto. REDLANG is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
REDLANG Systematic Risk
REDLANG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. REDLANG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on REDLANG correlated with the market. If Beta is less than 0 REDLANG generally moves in the opposite direction as compared to the market. If REDLANG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one REDLANG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of REDLANG is generally in the same direction as the market. If Beta > 1 REDLANG moves generally in the same direction as, but more than the movement of the benchmark.
REDLANG November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of REDLANG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of REDLANG. We use our internally-developed statistical techniques to arrive at the intrinsic value of REDLANG based on widely used predictive technical indicators. In general, we focus on analyzing REDLANG Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build REDLANG's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.75 | |||
| Information Ratio | 0.059 | |||
| Maximum Drawdown | 27.37 | |||
| Value At Risk | (10.52) | |||
| Potential Upside | 10.41 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REDLANG. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.