Coin98 Performance

The crypto shows a Beta (market volatility) of 1.6413, 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. Even though it is essential to pay attention to Coin98 historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. Coin98 exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Refresh
Coin98 Performance
0 of 100
Over the last 90 days Coin98 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Coin98 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Coin98 Relative Risk vs. Return Landscape

If you would invest  170.00  in Coin98 on April 2, 2022 and sell it today you would lose (125.00)  from holding Coin98 or give up 73.53% of portfolio value over 90 days. Coin98 is producing return of less than zero assuming 10.3092% volatility of returns over the 90 days investment horizon. Simply put, 89% of all crypto coins have less volatile historical return distribution than Coin98, 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 Coin98 is expected to under-perform the market. In addition to that, the company is 7.15 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of volatility.

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 = -0.146

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsC98
Estimated Market Risk
 10.31
  actual daily
 
 89 %
of total potential
 
8989
Expected Return
 -1.5
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.15
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Coin98 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 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 generated a negative expected return over the last 90 days
Coin98 has high historical volatility and very poor performance
Coin98 has some characteristics of a very speculative cryptocurrency
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go