Decred Performance

DCR
 Crypto
  

USD 25.65  0.51  2.03%   

The crypto shows a Beta (market volatility) of 1.2705, which means a somewhat significant risk relative to the market. Let's try to break down what Decred'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, Decred will likely underperform. Although it is vital to follow Decred historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in 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. We have found twenty-one technical indicators for Decred, which you can use to evaluate the performance of the entity.
  
Decred Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Decred are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak fundamental indicators, Decred sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Decred Price Channel

Decred Relative Risk vs. Return Landscape

If you would invest  2,207  in Decred on July 5, 2022 and sell it today you would earn a total of  358.00  from holding Decred or generate 16.22% return on investment over 90 days. Decred is generating 0.8672% of daily returns assuming 13.5249% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Decred on the basis of their historical return distribution, and most 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 Decred is expected to generate 11.72 times more return on investment than the market. However, the company is 11.72 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of risk.

Decred Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Decred's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Decred, and traders can use it to determine the average amount a Decred'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 = 0.0641

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsDCR
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 13.52
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 0.87
  actual daily
 
 16 %
of total potential
 
1616
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
44
Based on monthly moving average Decred is performing at about 4% 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 Decred by adding it to a well-diversified portfolio.

About Decred Performance

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

Things to note about Decred

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

Decred Alerts

Equity Alerts and Improvement Suggestions

Decred is way too risky over 90 days horizon
Decred appears to be risky and price may revert if volatility continues
Continue to Investing Opportunities. Note that the Decred information on this page should be used as a complementary analysis to other Decred'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Tools for Decred Crypto Coin

When running Decred price analysis, check to measure Decred's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Decred is operating at the current time. Most of Decred's value examination focuses on studying past and present price actions to predict the probability of Decred's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Decred's coin price. Additionally, you may evaluate how adding Decred to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go