OmiseGO Performance
| OMG Crypto | USD 0.20 0.01 5.26% |
The crypto holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OmiseGO are expected to decrease at a much lower rate. During the bear market, OmiseGO is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days OmiseGO has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's technical and fundamental indicators remain rather sound which may send shares a bit higher in May 2025. The latest tumult may also be a sign of longer-term up-swing for OmiseGO shareholders. ...more
1 | S.E.C. Moves to Scale Back Its Crypto Enforcement Efforts - The New York Times | 02/04/2025 |
2 | What the crypto world will be listening for when Trumps SEC pick testifies - Yahoo Finance | 03/27/2025 |
OmiseGO |
OmiseGO Relative Risk vs. Return Landscape
If you would invest 32.00 in OmiseGO on January 13, 2025 and sell it today you would lose (12.00) from holding OmiseGO or give up 37.5% of portfolio value over 90 days. OmiseGO is producing return of less than zero assuming 6.7785% volatility of returns over the 90 days investment horizon. Simply put, 60% of all crypto coins have less volatile historical return distribution than OmiseGO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
OmiseGO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OmiseGO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as OmiseGO, and traders can use it to determine the average amount a OmiseGO'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 = -0.0725
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OMG |
Estimated Market Risk
| 6.78 actual daily | 60 60% of assets are less volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OmiseGO 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 OmiseGO by adding OmiseGO to a well-diversified portfolio.
About OmiseGO Performance
By analyzing OmiseGO's fundamental ratios, stakeholders can gain valuable insights into OmiseGO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if OmiseGO 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 OmiseGO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
OMG is peer-to-peer digital currency powered by the Blockchain technology.| OmiseGO generated a negative expected return over the last 90 days | |
| OmiseGO has high historical volatility and very poor performance | |
| OmiseGO has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: What the crypto world will be listening for when Trumps SEC pick testifies - Yahoo Finance |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmiseGO. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.