LayerZero Performance
| ZRO Crypto | USD 2.25 0.02 0.90% |
The crypto secures a Beta (Market Risk) of -0.91, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning LayerZero are expected to decrease slowly. On the other hand, during market turmoil, LayerZero is expected to outperform it slightly.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days LayerZero has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Crypto's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for LayerZero shareholders. ...more
LayerZero |
LayerZero Relative Risk vs. Return Landscape
If you would invest 270.00 in LayerZero on April 20, 2025 and sell it today you would lose (45.00) from holding LayerZero or give up 16.67% of portfolio value over 90 days. LayerZero is producing return of less than zero assuming 5.341% volatility of returns over the 90 days investment horizon. Simply put, 47% of all crypto coins have less volatile historical return distribution than LayerZero, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
LayerZero Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LayerZero's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as LayerZero, and traders can use it to determine the average amount a LayerZero'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 = -0.0261
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZRO |
Estimated Market Risk
| 5.34 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.14 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 LayerZero 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 LayerZero by adding LayerZero to a well-diversified portfolio.
About LayerZero Performance
By analyzing LayerZero's fundamental ratios, stakeholders can gain valuable insights into LayerZero's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LayerZero 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 LayerZero has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
LayerZero is peer-to-peer digital currency powered by the Blockchain technology.| LayerZero generated a negative expected return over the last 90 days | |
| LayerZero has high historical volatility and very poor performance |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in LayerZero. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.