SingularityNET Performance

AGI
 Crypto
  

USD 0.0458  0.0028  5.76%   

The entity has a beta of -0.5763, which indicates possible diversification benefits within a given portfolio. Let's try to break down what SingularityNET's beta means in this case. As returns on the market increase, returns on owning SingularityNET are expected to decrease at a much lower rate. During the bear market, SingularityNET is likely to outperform the market. Although it is vital to follow SingularityNET current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any crypto is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting SingularityNET technical indicators, you can presently evaluate if the expected return of 0.49% will be sustainable into the future.
  
SingularityNET Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in SingularityNET are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, SingularityNET sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

SingularityNET Price Channel

SingularityNET Relative Risk vs. Return Landscape

If you would invest  4.10  in SingularityNET on July 7, 2022 and sell it today you would earn a total of  0.76  from holding SingularityNET or generate 18.54% return on investment over 90 days. SingularityNET is generating 0.4875% of daily returns assuming 6.6034% volatility of returns over the 90 days investment horizon. Simply put, 57% of all crypto coins have less volatile historical return distribution than SingularityNET, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon SingularityNET is expected to generate 5.3 times more return on investment than the market. However, the company is 5.3 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of risk.

SingularityNET Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for SingularityNET's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as SingularityNET, and traders can use it to determine the average amount a SingularityNET'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 = 0.0738

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Estimated Market Risk
 6.6
  actual daily
 
 57 %
of total potential
 
5757
Expected Return
 0.49
  actual daily
 
 9 %
of total potential
 
99
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
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55
Based on monthly moving average SingularityNET 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 SingularityNET by adding it to a well-diversified portfolio.

About SingularityNET Performance

To evaluate SingularityNET Crypto Coin as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SingularityNET generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SingularityNET Crypto Coin's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SingularityNET market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SingularityNET's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
SingularityNET is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about SingularityNET

Checking the ongoing alerts about SingularityNET for important developments is a great way to find new opportunities for your next move. Crypto Coin alerts and notifications screener for SingularityNET help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

SingularityNET Alerts

Equity Alerts and Improvement Suggestions

SingularityNET has very high historical volatility over the last 90 days
SingularityNET has some characteristics of a very speculative cryptocurrency
Please continue to Trending Equities. Note that the SingularityNET information on this page should be used as a complementary analysis to other SingularityNET's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Other Tools for SingularityNET Crypto Coin

When running SingularityNET price analysis, check to measure SingularityNET's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy SingularityNET is operating at the current time. Most of SingularityNET's value examination focuses on studying past and present price actions to predict the probability of SingularityNET's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move SingularityNET's coin price. Additionally, you may evaluate how adding SingularityNET to your portfolios can decrease your overall portfolio volatility.
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