Coin98 Performance

C98
 Crypto
  

USD 0.61  0.04  7.02%   

The crypto shows a Beta (market volatility) of 2.1214, which signifies a somewhat significant risk relative to the market. Let's try to break down what Coin98's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Coin98 will likely underperform. Although it is vital to follow Coin98 historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing 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. We have found twenty-one technical indicators for Coin98, which you can use to evaluate the performance of the entity.
  
Coin98 Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Coin98 are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Coin98 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Coin98 Price Channel

Coin98 Relative Risk vs. Return Landscape

If you would invest  43.00  in Coin98 on May 11, 2022 and sell it today you would earn a total of  18.00  from holding Coin98 or generate 41.86% return on investment over 90 days. Coin98 is generating 0.9707% of daily returns assuming 9.3051% volatility of returns over the 90 days investment horizon. Simply put, 80% of all crypto coins have less volatile historical return distribution than Coin98, and 82% 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 Coin98 is expected to generate 7.33 times more return on investment than the market. However, the company is 7.33 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Coin98 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Coin98's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Coin98, and traders can use it to determine the average amount a Coin98'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 = 0.1043

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Estimated Market Risk
 9.31
  actual daily
 
 80 %
of total potential
 
8080
Expected Return
 0.97
  actual daily
 
 18 %
of total potential
 
1818
Risk-Adjusted Return
 0.1
  actual daily
 
 7 %
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77
Based on monthly moving average Coin98 is performing at about 7% 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 Coin98 by adding it to a well-diversified portfolio.

About Coin98 Performance

To evaluate Coin98 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 Coin98 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 Coin98 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 Coin98 stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Coin98'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.
Coin98 is peer-to-peer digital currency powered by the Blockchain technology. Coin98 enables value transfer as easily as using the Internet by the innovation of Multi-chain Engine, Fully Automatic Liquidity and Space Gate, all in one Super Liquidity Aggregator.TelegramWhitepaper

Things to note about Coin98

Checking the ongoing alerts about Coin98 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coin98 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Coin98 Alerts

Equity Alerts and Improvement Suggestions

Coin98 is way too risky over 90 days horizon
Coin98 has some characteristics of a very speculative cryptocurrency
Coin98 appears to be risky and price may revert if volatility continues
Latest headline from www.coindesk.com: Is Solana Leading Crypto Into Retail or Trailing Apple - CoinDesk
Continue to Trending Equities. Note that the Coin98 information on this page should be used as a complementary analysis to other Coin98'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Tools for Coin98 Crypto Coin

When running Coin98 price analysis, check to measure Coin98's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coin98 is operating at the current time. Most of Coin98's value examination focuses on studying past and present price action to predict the probability of Coin98's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Coin98's price. Additionally, you may evaluate how the addition of Coin98 to your portfolios can decrease your overall portfolio volatility.
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