SPX6900 Performance
| SPX Crypto | USD 1.94 0.03 1.52% |
The entity has a beta of 1.93, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPX6900 will likely underperform.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SPX6900 are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, SPX6900 exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
SPX6900 |
SPX6900 Relative Risk vs. Return Landscape
If you would invest 56.00 in SPX6900 on April 28, 2025 and sell it today you would earn a total of 138.00 from holding SPX6900 or generate 246.43% return on investment over 90 days. SPX6900 is generating 2.3577% of daily returns assuming 10.0026% volatility of returns over the 90 days investment horizon. Simply put, 89% of all crypto coins have less volatile historical return distribution than SPX6900, and 53% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SPX6900 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPX6900's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SPX6900, and traders can use it to determine the average amount a SPX6900'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 = 0.2357
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | SPX | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.0 actual daily | 89 89% of assets are less volatile |
Expected Return
| 2.36 actual daily | 47 53% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average SPX6900 is performing at about 18% 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 SPX6900 by adding it to a well-diversified portfolio.
About SPX6900 Performance
By analyzing SPX6900's fundamental ratios, stakeholders can gain valuable insights into SPX6900's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPX6900 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 SPX6900 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SPX6900 is peer-to-peer digital currency powered by the Blockchain technology.| SPX6900 is way too risky over 90 days horizon | |
| SPX6900 may become a speculative penny crypto | |
| SPX6900 appears to be risky and price may revert if volatility continues |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX6900. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.