Neraex Bitcoin (in USD) Performance

NERAEXBTC -- Cryptlandia Crypto  

USD 10,245  93.49  0.92%

The crypto secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Neraex Bitcoin are completely uncorrelated. Although it is vital to follow to Neraex Bitcoin USD price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating 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. By analyzing Neraex Bitcoin USD technical indicators you can presently evaluate if the expected return of 0.289% will be sustainable into the future.
4848

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Neraex Bitcoin USD are ranked lower than 48 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, Neraex Bitcoin sustained solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

Neraex Bitcoin USD Relative Risk vs. Return Landscape

If you would invest  1,015,153  in Neraex Bitcoin USD on August 23, 2019 and sell it today you would earn a total of  5,867  from holding Neraex Bitcoin USD or generate 0.58% return on investment over 30 days. Neraex Bitcoin USD is generating 0.289% of daily returns and assumes 0.4086% volatility on return distribution over the 30 days horizon. Simply put, 3% of equities are less volatile than Neraex Bitcoin and 95% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Neraex Bitcoin is expected to generate 0.45 times more return on investment than the market. However, the company is 2.2 times less risky than the market. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of risk.

Neraex Bitcoin Market Risk Analysis

Sharpe Ratio = 0.7071
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Neraex Bitcoin Relative Performance Indicators

Estimated Market Risk
 0.41
  actual daily
 
 3 %
of total potential
 
33
Expected Return
 0.29
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.71
  actual daily
 
 48 %
of total potential
 
4848
Based on monthly moving average Neraex Bitcoin is performing at about 48% 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 Neraex Bitcoin by adding it to a well-diversified portfolio.

Neraex Bitcoin Alerts

Equity Alerts and Improvement Suggestions

Neraex Bitcoin USD is not yet fully synchronised with the market data
Please see also Stocks Correlation. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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