Theta Fuel Performance
| TFUEL Crypto | USD 0.07 0 2.71% |
The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Theta Fuel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Theta Fuel is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Theta Fuel are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Theta Fuel exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Theta Fuel Relative Risk vs. Return Landscape
If you would invest 5.87 in Theta Fuel on August 26, 2024 and sell it today you would earn a total of 0.94 from holding Theta Fuel or generate 16.01% return on investment over 90 days. Theta Fuel is generating 0.319% of daily returns and assumes 4.3574% volatility on return distribution over the 90 days horizon. Simply put, 38% of crypto coins are less volatile than Theta, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Theta Fuel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Theta Fuel's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Theta Fuel, and traders can use it to determine the average amount a Theta Fuel'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 = 0.0732
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Theta Fuel is performing at about 5% 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 Theta Fuel by adding it to a well-diversified portfolio.
About Theta Fuel Performance
By analyzing Theta Fuel's fundamental ratios, stakeholders can gain valuable insights into Theta Fuel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Theta Fuel 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 Theta Fuel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Theta Fuel is peer-to-peer digital currency powered by the Blockchain technology.| Theta Fuel has some characteristics of a very speculative cryptocurrency | |
| Theta Fuel had very high historical volatility over the last 90 days |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Theta Fuel. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.