Marinade Performance
| MNDE Crypto | USD 0.14 0.01 7.69% |
The crypto secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marinade's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marinade is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Marinade are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Marinade exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Marinade |
Marinade Relative Risk vs. Return Landscape
If you would invest 11.00 in Marinade on August 23, 2024 and sell it today you would earn a total of 3.00 from holding Marinade or generate 27.27% return on investment over 90 days. Marinade is generating 0.6255% of daily returns and assumes 7.3719% volatility on return distribution over the 90 days horizon. Simply put, 65% of crypto coins are less volatile than Marinade, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Marinade Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marinade's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Marinade, and traders can use it to determine the average amount a Marinade'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 = 0.0849
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.37 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Marinade is performing at about 6% 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 Marinade by adding it to a well-diversified portfolio.
About Marinade Performance
By analyzing Marinade's fundamental ratios, stakeholders can gain valuable insights into Marinade's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Marinade 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 Marinade has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Marinade is peer-to-peer digital currency powered by the Blockchain technology.| Marinade is way too risky over 90 days horizon | |
| Marinade has some characteristics of a very speculative cryptocurrency | |
| Marinade appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marinade. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.