Polygon Ecosystem Performance
| POL Crypto | USD 0.32 0.01 3.03% |
The crypto holds a Beta of 1.06, which implies a somewhat significant risk relative to the market. Polygon Ecosystem returns are very sensitive to returns on the market. As the market goes up or down, Polygon Ecosystem is expected to follow.
Risk-Adjusted Performance
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Over the last 90 days Polygon Ecosystem Token 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 essential indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for Polygon Ecosystem Token shareholders. ...more
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Polygon Ecosystem Relative Risk vs. Return Landscape
If you would invest 41.00 in Polygon Ecosystem Token on August 4, 2024 and sell it today you would lose (9.00) from holding Polygon Ecosystem Token or give up 21.95% of portfolio value over 90 days. Polygon Ecosystem Token is producing return of less than zero assuming 4.7715% volatility of returns over the 90 days investment horizon. Simply put, 42% of all crypto coins have less volatile historical return distribution than Polygon Ecosystem, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Polygon Ecosystem Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polygon Ecosystem's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Polygon Ecosystem Token, and traders can use it to determine the average amount a Polygon Ecosystem'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 = -0.0559
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| Negative Returns | POL |
Estimated Market Risk
| 4.77 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Polygon Ecosystem 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 Polygon Ecosystem by adding Polygon Ecosystem to a well-diversified portfolio.
About Polygon Ecosystem Performance
By analyzing Polygon Ecosystem's fundamental ratios, stakeholders can gain valuable insights into Polygon Ecosystem's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Polygon Ecosystem 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 Polygon Ecosystem has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Polygon Ecosystem Token is peer-to-peer digital currency powered by the Blockchain technology.| Polygon Ecosystem generated a negative expected return over the last 90 days | |
| Polygon Ecosystem has some characteristics of a very speculative cryptocurrency | |
| Polygon Ecosystem has high historical volatility and very poor performance |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polygon Ecosystem Token. 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 CEOs Directory module to screen CEOs from public companies around the world.