XRP Performance

XRP
 Crypto
  

USD 0.39  0.01  2.50%   

The entity maintains a market beta of -0.7223, which attests to possible diversification benefits within a given portfolio. Let's try to break down what XRP's beta means in this case. As returns on the market increase, returns on owning XRP are expected to decrease at a much lower rate. During the bear market, XRP is likely to outperform the market. Although it is vital to follow XRP historical price patterns, it is good to be conservative about what you can do with the information regarding equity current price history. The philosophy towards determining 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 analyzing XRP technical indicators, you can currently evaluate if the expected return of 0.32% will be sustainable into the future.
  
XRP Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in XRP are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, XRP sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

XRP Price Channel

XRP Relative Risk vs. Return Landscape

If you would invest  36.00  in XRP on September 8, 2022 and sell it today you would earn a total of  3.00  from holding XRP or generate 8.33% return on investment over 90 days. XRP is generating 0.3246% of daily returns assuming 6.4325% volatility of returns over the 90 days investment horizon. Simply put, 55% of all crypto coins have less volatile historical return distribution than XRP, and 94% 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 XRP is expected to generate 4.23 times more return on investment than the market. However, the company is 4.23 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.03 per unit of risk.

XRP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for XRP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XRP, and traders can use it to determine the average amount a XRP'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 = 0.0505

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Estimated Market Risk
 6.43
  actual daily
 
 55 %
of total potential
 
5555
Expected Return
 0.32
  actual daily
 
 6 %
of total potential
 
66
Risk-Adjusted Return
 0.05
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average XRP is performing at about 3% 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 XRP by adding it to a well-diversified portfolio.

About XRP Performance

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

Things to note about XRP

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

XRP Alerts

Equity Alerts and Improvement Suggestions

XRP has very high historical volatility over the last 90 days
XRP has some characteristics of a very speculative cryptocurrency
Check out Your Current Watchlist. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for XRP Crypto Coin

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