Optimism Performance
| OP Crypto | USD 0.72 0.03 4.35% |
The crypto holds a Beta of -1.82, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Optimism are expected to decrease by larger amounts. On the other hand, during market turmoil, Optimism is expected to outperform it.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Optimism are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound fundamental indicators, Optimism is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Optimism |
Optimism Relative Risk vs. Return Landscape
If you would invest 76.00 in Optimism on April 27, 2025 and sell it today you would lose (6.00) from holding Optimism or give up 7.89% of portfolio value over 90 days. Optimism is currently producing 0.0914% returns and takes up 6.6948% volatility of returns over 90 trading days. Put another way, 59% of traded crypto coins are less volatile than Optimism, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Optimism Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optimism's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Optimism, and traders can use it to determine the average amount a Optimism'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 = 0.0136
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| Cash | Small Risk | Average Risk | OP | Huge Risk |
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Estimated Market Risk
| 6.69 actual daily | 59 59% of assets are less volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Optimism is performing at about 1% 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 Optimism by adding it to a well-diversified portfolio.
About Optimism Performance
By analyzing Optimism's fundamental ratios, stakeholders can gain valuable insights into Optimism's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Optimism 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 Optimism has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Optimism is peer-to-peer digital currency powered by the Blockchain technology.| Optimism had very high historical volatility over the last 90 days | |
| Optimism has some characteristics of a very speculative cryptocurrency |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optimism. 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 Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .