Internet Computer Performance

ICP
 Crypto
  

USD 3.97  0.15  3.64%   

The crypto retains a Market Volatility (i.e., Beta) of -0.3291, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Internet's beta means in this case. As returns on the market increase, returns on owning Internet Computer are expected to decrease at a much lower rate. During the bear market, Internet Computer is likely to outperform the market. Even though it is essential to pay attention to Internet Computer current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Internet Computer exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Internet Performance
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Over the last 90 days Internet Computer has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Crypto's fundamental indicators remain somewhat strong which may send shares a bit higher in January 2023. The current disturbance may also be a sign of long term up-swing for Internet Computer investors. ...more

Internet Price Channel

Internet Computer Relative Risk vs. Return Landscape

If you would invest  650.00  in Internet Computer on September 2, 2022 and sell it today you would lose (238.00)  from holding Internet Computer or give up 36.62% of portfolio value over 90 days. Internet Computer is producing return of less than zero assuming 5.3083% volatility of returns over the 90 days investment horizon. Simply put, 46% of all crypto coins have less volatile historical return distribution than Internet Computer, and 99% 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 Internet Computer is expected to under-perform the market. In addition to that, the company is 3.52 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.08 per unit of volatility.

Internet Computer Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Internet Computer's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Internet Computer, and traders can use it to determine the average amount a Internet Computer'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 = -0.1064

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Estimated Market Risk
 5.31
  actual daily
 
 46 %
of total potential
 
4646
Expected Return
 -0.56
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 0 %
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Risk-Adjusted Return
 -0.11
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Based on monthly moving average Internet Computer is performing at about 0% 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 Internet Computer by adding it to a well-diversified portfolio.

About Internet Computer Performance

To evaluate Internet Computer 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 Internet Computer 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 Internet 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 Internet Computer market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Internet'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.
Internet Computer is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about Internet Computer

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

Internet Computer Alerts

Equity Alerts and Improvement Suggestions

Internet Computer generated a negative expected return over the last 90 days
Internet Computer has high historical volatility and very poor performance
Please see Risk vs Return Analysis. Note that the Internet Computer information on this page should be used as a complementary analysis to other Internet Computer'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Tools for Internet Crypto Coin

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