Dai Performance

DAI
 Crypto
  

USD 1.00  0.00  0.00%   

The crypto shows a Beta (market volatility) of 0.0023, which means not very significant fluctuations relative to the market. Let's try to break down what Dai's beta means in this case. As returns on the market increase, Dai returns are expected to increase less than the market. However, during the bear market, the loss on holding Dai will be expected to be smaller as well. Although it is important to respect Dai historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting 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 reviewing Dai technical indicators, you can presently evaluate if the expected return of 2.0E-4% will be sustainable into the future.
  
Dai Performance
0 of 100
Over the last 90 days Dai has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Dai is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Dai Price Channel

Dai Relative Risk vs. Return Landscape

If you would invest  100.00  in Dai on August 30, 2022 and sell it today you would earn a total of  0.00  from holding Dai or generate 0.0% return on investment over 90 days. Dai is generating 2.0E-4% of daily returns assuming 0.1759% volatility of returns over the 90 days investment horizon. Simply put, 1% of all crypto coins have less volatile historical return distribution than Dai, 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 Dai is expected to generate 537.5 times less return on investment than the market. But when comparing it to its historical volatility, the company is 7.85 times less risky than the market. It trades about 0.0 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 of returns per unit of risk over similar time horizon.

Dai Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dai's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Dai, and traders can use it to determine the average amount a Dai'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 = 9.0E-4

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsDAI
Estimated Market Risk
 0.18
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 0.0
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.0
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Dai 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 Dai by adding it to a well-diversified portfolio.

About Dai Performance

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

Things to note about Dai

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

Dai Alerts

Equity Alerts and Improvement Suggestions

Dai has some characteristics of a very speculative cryptocurrency
Continue to Investing Opportunities. Note that the Dai information on this page should be used as a complementary analysis to other Dai'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 Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Tools for Dai Crypto Coin

When running Dai price analysis, check to measure Dai's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Dai is operating at the current time. Most of Dai's value examination focuses on studying past and present price actions to predict the probability of Dai's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Dai's coin price. Additionally, you may evaluate how adding Dai to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go