TRON Performance

TRX
 Crypto
  

USD 0.06  0.0005  0.82%   

The entity has a beta of -0.071, which indicates not very significant fluctuations relative to the market. Let's try to break down what TRON's beta means in this case. As returns on the market increase, returns on owning TRON are expected to decrease at a much lower rate. During the bear market, TRON is likely to outperform the market. Even though it is essential to pay attention to TRON current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring 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. TRON exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
TRON Performance
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Over the last 90 days TRON has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Crypto's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for TRON investors. ...more

TRON Price Channel

TRON Relative Risk vs. Return Landscape

If you would invest  6.81  in TRON on July 4, 2022 and sell it today you would lose (0.76)  from holding TRON or give up 11.16% of portfolio value over 90 days. TRON is producing return of less than zero assuming 2.2927% volatility of returns over the 90 days investment horizon. Simply put, 19% of all crypto coins have less volatile historical return distribution than TRON, 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 TRON is expected to under-perform the market. In addition to that, the company is 2.02 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of volatility.

TRON Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for TRON's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as TRON, and traders can use it to determine the average amount a TRON'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 = -0.0667

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Estimated Market Risk
 2.29
  actual daily
 
 19 %
of total potential
 
1919
Expected Return
 -0.15
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 0 %
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Risk-Adjusted Return
 -0.07
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Based on monthly moving average TRON 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 TRON by adding it to a well-diversified portfolio.

About TRON Performance

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

Things to note about TRON

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

TRON Alerts

Equity Alerts and Improvement Suggestions

TRON generated a negative expected return over the last 90 days
TRON has some characteristics of a very speculative cryptocurrency
Additionally, take a look at World Market Map. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Tools for TRON Crypto Coin

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