XRP Performance
| XRP Crypto | USD 0.56 0.01 1.82% |
The entity maintains a market beta of 0.87, which attests to possible diversification benefits within a given portfolio. XRP returns are very sensitive to returns on the market. As the market goes up or down, XRP is expected to follow.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days XRP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, XRP is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
XRP |
XRP Relative Risk vs. Return Landscape
If you would invest 58.00 in XRP on August 11, 2024 and sell it today you would lose (2.00) from holding XRP or give up 3.45% of portfolio value over 90 days. XRP is producing return of less than zero assuming 2.7544% volatility of returns over the 90 days investment horizon. Simply put, 24% of all crypto coins have less volatile historical return distribution than XRP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
XRP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for XRP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XRP, and traders can use it to determine the average amount a XRP'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 = -0.0059
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XRP |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average XRP 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 XRP by adding XRP to a well-diversified portfolio.
About XRP Performance
By analyzing XRP's fundamental ratios, stakeholders can gain valuable insights into XRP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if XRP 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 XRP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
XRP is peer-to-peer digital currency powered by the Blockchain technology.| XRP generated a negative expected return over the last 90 days | |
| XRP has some characteristics of a very speculative cryptocurrency |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XRP. 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.