CEL Performance
| CEL Crypto | USD 0.15 0.01 6.25% |
The crypto shows a Beta (market volatility) of 2.55, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CEL will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days CEL has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather unsteady essential indicators, CEL may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
CEL |
CEL Relative Risk vs. Return Landscape
If you would invest 18.00 in CEL on January 26, 2024 and sell it today you would lose (3.00) from holding CEL or give up 16.67% of portfolio value over 90 days. CEL is generating 0.1082% of daily returns assuming 8.9812% volatility of returns over the 90 days investment horizon. Simply put, 79% of all crypto coins have less volatile historical return distribution than CEL, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CEL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CEL's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as CEL, and traders can use it to determine the average amount a CEL'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 = 0.0121
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| Cash | Small Risk | Average Risk | High Risk | CEL |
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Estimated Market Risk
| 8.98 actual daily | 79 79% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CEL is not performing at its full potential. However, 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 CEL by adding CEL to a well-diversified portfolio.
About CEL Performance
To evaluate CEL 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 CEL 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 CEL 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 CEL market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CEL'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.CEL is peer-to-peer digital currency powered by the Blockchain technology.| CEL had very high historical volatility over the last 90 days | |
| CEL has some characteristics of a very speculative cryptocurrency |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEL. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.