MITX Performance
| MITX Crypto | USD 0.0002 0.000047 39.83% |
The crypto secures a Beta (Market Risk) of -0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MITX are expected to decrease at a much lower rate. During the bear market, MITX is likely to outperform the market.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in MITX are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, MITX may actually be approaching a critical reversion point that can send shares even higher in August 2025. ...more
1 | Trump Was Already a Crypto Czar in 2024 - The New York Times | 06/13/2025 |
MITX |
MITX Relative Risk vs. Return Landscape
If you would invest 0.02 in MITX on April 29, 2025 and sell it today you would lose 0.00 from holding MITX or give up 12.23% of portfolio value over 90 days. MITX is generating 0.1887% of daily returns and assumes 8.0635% volatility on return distribution over the 90 days horizon. Simply put, 72% of crypto coins are less volatile than MITX, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MITX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MITX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MITX, and traders can use it to determine the average amount a MITX'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 = 0.0234
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MITX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.06 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average MITX is performing at about 1% 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 MITX by adding it to a well-diversified portfolio.
About MITX Performance
By analyzing MITX's fundamental ratios, stakeholders can gain valuable insights into MITX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MITX 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 MITX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MITX is peer-to-peer digital currency powered by the Blockchain technology.| MITX had very high historical volatility over the last 90 days | |
| MITX has some characteristics of a very speculative cryptocurrency |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MITX. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.