The organization shows Beta (market volatility) of -0.0982 which signifies that as returns on market increase, returns on owning Cexio Ethereum are expected to decrease at a much smaller rate. During bear market, Cexio Ethereum is likely to outperform the market. Although it is vital to follow to Cexio Ethereum USD historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Cexio Ethereum USD expected return of 1.1928 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
Compared to the overall equity markets, risk-adjusted returns on investments in Cexio Ethereum USD are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days. In spite of rather weak fundamental drivers, Cexio Ethereum exhibited solid returns over the last few months and may actually be approaching a breakup point.
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Cexio Ethereum USD Relative Risk vs. Return LandscapeIf you would invest 16,835 in Cexio Ethereum USD on May 17, 2019 and sell it today you would earn a total of 9,952 from holding Cexio Ethereum USD or generate 59.11% return on investment over 30 days. Cexio Ethereum USD is generating 1.1928% of daily returns and assumes 4.7213% volatility on return distribution over the 30 days horizon. Simply put, 42% of equities are less volatile than Cexio Ethereum and 78% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Cexio Ethereum Market Risk Analysis
Sharpe Ratio = 0.2526
Cexio Ethereum Relative Performance Indicators
Estimated Market Risk