CoinEx Token Performance

CET
 Crypto
  

USD 0.0484  0.00073  1.53%   

The crypto shows a Beta (market volatility) of -0.0116, which signifies not very significant fluctuations relative to the market. Let's try to break down what CoinEx's beta means in this case. As returns on the market increase, returns on owning CoinEx Token are expected to decrease at a much lower rate. During the bear market, CoinEx Token is likely to outperform the market. Although it is vital to follow CoinEx Token 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 CoinEx Token, which you can use to evaluate the performance of the entity.
  
CoinEx Performance
19 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in CoinEx Token are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, CoinEx Token sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

CoinEx Token Relative Risk vs. Return Landscape

If you would invest  3.22  in CoinEx Token on June 28, 2022 and sell it today you would earn a total of  1.62  from holding CoinEx Token or generate 50.31% return on investment over 90 days. CoinEx Token is generating 0.7334% of daily returns assuming 2.879% volatility of returns over the 90 days investment horizon. Simply put, 25% of all crypto coins have less volatile historical return distribution than CoinEx Token, and 86% 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 CoinEx Token is expected to generate 2.62 times more return on investment than the market. However, the company is 2.62 times more volatile than its market benchmark. It trades about 0.25 of its potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of risk.

CoinEx Token Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for CoinEx Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CoinEx Token, and traders can use it to determine the average amount a CoinEx Token'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 = 0.2548

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Estimated Market Risk
 2.88
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 0.73
  actual daily
 
 14 %
of total potential
 
1414
Risk-Adjusted Return
 0.25
  actual daily
 
 19 %
of total potential
 
1919
Based on monthly moving average CoinEx Token is performing at about 19% 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 CoinEx Token by adding it to a well-diversified portfolio.

About CoinEx Token Performance

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

Things to note about CoinEx Token

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

CoinEx Token Alerts

Equity Alerts and Improvement Suggestions

CoinEx Token is not yet fully synchronised with the market data
CoinEx Token has some characteristics of a very speculative cryptocurrency
Continue to Trending Equities. Note that the CoinEx Token information on this page should be used as a complementary analysis to other CoinEx Token'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Tools for CoinEx Crypto Coin

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