MITH Performance
| MITH Crypto | USD 0.0002 0.000012 5.69% |
The crypto secures a Beta (Market Risk) of -0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MITH are expected to decrease at a much lower rate. During the bear market, MITH is likely to outperform the market.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in MITH are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, MITH exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
MITH |
MITH Relative Risk vs. Return Landscape
If you would invest 0.02 in MITH on April 22, 2025 and sell it today you would earn a total of 0.00 from holding MITH or generate 16.75% return on investment over 90 days. MITH is generating 0.4324% of daily returns and assumes 6.3954% volatility on return distribution over the 90 days horizon. Simply put, 57% of crypto coins are less volatile than MITH, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MITH Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MITH's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as MITH, and traders can use it to determine the average amount a MITH'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 = 0.0676
| Best Portfolio | Best Equity | |||
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| Small Returns | MITH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.4 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average MITH 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 MITH by adding it to a well-diversified portfolio.
About MITH Performance
By analyzing MITH's fundamental ratios, stakeholders can gain valuable insights into MITH's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MITH 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 MITH has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MITH is peer-to-peer digital currency powered by the Blockchain technology.| MITH had very high historical volatility over the last 90 days | |
| MITH 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 MITH. 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.