Celer Network Performance

CELR
 Crypto
  

USD 0.0157  0.0001  0.64%   

The crypto shows a Beta (market volatility) of 2.4369, which signifies a somewhat significant risk relative to the market. Let's try to break down what Celer'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, Celer Network will likely underperform. Even though it is essential to pay attention to Celer Network 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. Celer Network exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Refresh
Celer Performance
0 of 100
Over the last 90 days Celer Network 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 essential indicators remain somewhat strong which may send shares a bit higher in July 2022. The current disturbance may also be a sign of long term up-swing for Celer Network investors. ...more

Celer Price Channel

Celer Network Relative Risk vs. Return Landscape

If you would invest  6.78  in Celer Network on April 1, 2022 and sell it today you would lose (5.22)  from holding Celer Network or give up 76.99% of portfolio value over 90 days. Celer Network is generating negative expected returns and assumes 10.0568% volatility on return distribution over the 90 days horizon. Simply put, 87% of crypto coins are less volatile than Celer, 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 Celer Network is expected to under-perform the market. In addition to that, the company is 6.92 times more volatile than its market benchmark. It trades about -0.17 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

Celer Network Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Celer Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Celer Network, and traders can use it to determine the average amount a Celer Network'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 = -0.1739

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsCELR
Estimated Market Risk
 10.06
  actual daily
 
 87 %
of total potential
 
8787
Expected Return
 -1.75
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.17
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Celer Network 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 Celer Network by adding it to a well-diversified portfolio.

About Celer Network Performance

To evaluate Celer Network 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 Celer Network 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 Celer 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 Celer Network 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 Celer'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.
Celer Network is peer-to-peer digital currency powered by the Blockchain technology. Celer Network is a leading layer-2 scaling platform that aims to enablefast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. It enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned crypto-economics.Telegram Discord

Things to note about Celer Network

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

Celer Network Alerts

Equity Alerts and Improvement Suggestions

Celer Network generated a negative expected return over the last 90 days
Celer Network has high historical volatility and very poor performance
Celer Network has some characteristics of a very speculative cryptocurrency
Continue to Trending Equities. Note that the Celer Network information on this page should be used as a complementary analysis to other Celer Network'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for Celer Crypto Coin

When running Celer Network price analysis, check to measure Celer Network'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 Celer Network is operating at the current time. Most of Celer Network's value examination focuses on studying past and present price action to predict the probability of Celer Network's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Celer Network's price. Additionally, you may evaluate how the addition of Celer Network to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go