DENT Performance
| DENT Crypto | USD 0 0.000007 0.66% |
The crypto shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, DENT's returns are expected to increase less than the market. However, during the bear market, the loss of holding DENT is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in DENT are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, DENT exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
DENT |
DENT Relative Risk vs. Return Landscape
If you would invest 0.09 in DENT on August 23, 2024 and sell it today you would earn a total of 0.01 from holding DENT or generate 14.02% return on investment over 90 days. DENT is generating 0.3144% of daily returns and assumes 4.7635% volatility on return distribution over the 90 days horizon. Simply put, 42% of crypto coins are less volatile than DENT, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DENT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DENT's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as DENT, and traders can use it to determine the average amount a DENT'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 = 0.066
| Best Portfolio | Best Equity | |||
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| Small Returns | DENT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.76 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average DENT is performing at about 5% 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 DENT by adding it to a well-diversified portfolio.
About DENT Performance
By analyzing DENT's fundamental ratios, stakeholders can gain valuable insights into DENT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if DENT 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 DENT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DENT is peer-to-peer digital currency powered by the Blockchain technology.| DENT has some characteristics of a very speculative cryptocurrency | |
| DENT had very high historical volatility over the last 90 days |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DENT. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.