Stargate Finance Performance
| STG Crypto | USD 0.26 0.02 7.14% |
The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. Stargate Finance returns are very sensitive to returns on the market. As the market goes up or down, Stargate Finance is expected to follow.
Risk-Adjusted Performance
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Over the last 90 days Stargate Finance has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Crypto's technical and fundamental indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for Stargate Finance shareholders. ...more
Stargate |
Stargate Finance Relative Risk vs. Return Landscape
If you would invest 30.00 in Stargate Finance on August 4, 2024 and sell it today you would lose (4.00) from holding Stargate Finance or give up 13.33% of portfolio value over 90 days. Stargate Finance is producing return of less than zero assuming 4.2243% volatility of returns over the 90 days investment horizon. Simply put, 37% of all crypto coins have less volatile historical return distribution than Stargate Finance, 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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Stargate Finance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stargate Finance's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Stargate Finance, and traders can use it to determine the average amount a Stargate Finance'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 = -0.0307
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| Negative Returns | STG |
Estimated Market Risk
| 4.22 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Stargate Finance 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 Stargate Finance by adding Stargate Finance to a well-diversified portfolio.
About Stargate Finance Performance
By analyzing Stargate Finance's fundamental ratios, stakeholders can gain valuable insights into Stargate Finance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Stargate Finance 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 Stargate Finance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Stargate Finance is peer-to-peer digital currency powered by the Blockchain technology.| Stargate Finance generated a negative expected return over the last 90 days | |
| Stargate Finance has some characteristics of a very speculative cryptocurrency | |
| Stargate Finance has high historical volatility and very poor performance |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stargate Finance. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.