SPACE Performance
| ID Crypto | USD 0.18 0.01 5.88% |
The entity owns a Beta (Systematic Risk) of -0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SPACE are expected to decrease at a much lower rate. During the bear market, SPACE is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SPACE has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, SPACE is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | FHFA directs Fannie Mae and Freddie Mac to explore cryptocurrency as an asset for mortgages - The Block | 06/25/2025 |
2 | Circuit unveils recovery system to solve cryptos permanent loss conundrum - Cointelegraph | 06/30/2025 |
SPACE |
SPACE Relative Risk vs. Return Landscape
If you would invest 19.00 in SPACE on April 20, 2025 and sell it today you would lose (1.00) from holding SPACE or give up 5.26% of portfolio value over 90 days. SPACE is currently producing 0.0643% returns and takes up 5.466% volatility of returns over 90 trading days. Put another way, 48% of traded crypto coins are less volatile than SPACE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
SPACE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPACE's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SPACE, and traders can use it to determine the average amount a SPACE'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 = 0.0118
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| Cash | Small Risk | Average Risk | ID | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.47 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPACE is not performing at its full potential. However, 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 SPACE by adding SPACE to a well-diversified portfolio.
About SPACE Performance
By analyzing SPACE's fundamental ratios, stakeholders can gain valuable insights into SPACE's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPACE 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 SPACE has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SPACE is peer-to-peer digital currency powered by the Blockchain technology.| SPACE had very high historical volatility over the last 90 days | |
| SPACE has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Circuit unveils recovery system to solve cryptos permanent loss conundrum - Cointelegraph |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPACE. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.