The entity has beta of 0.0 which indicates the returns on MARKET and SingularityX Dash are completely uncorrelated. Although it is essential to pay attention to SingularityX Dash USD current price movements, it is also good to be reasonable about what you can actually do with equity historical returns. Macroaxis philosophy towards measuring future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if SingularityX Dash USD expected return of 3.9794 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 SingularityX Dash USD are ranked lower than 48 (%) of all global equities and portfolios over the last 30 days. Despite somewhat fragile basic indicators, SingularityX Dash sustained solid returns over the last few months and may actually be approaching a breakup point.
|Horizon||30 Days Login to change|
SingularityX Dash USD Relative Risk vs. Return LandscapeIf you would invest 9,122 in SingularityX Dash USD on August 20, 2019 and sell it today you would earn a total of 726.00 from holding SingularityX Dash USD or generate 7.96% return on investment over 30 days. SingularityX Dash USD is generating 3.9794% of daily returns and assumes 5.6277% volatility on return distribution over the 30 days horizon. Simply put, 50% of equities are less volatile than SingularityX Dash and 25% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SingularityX Dash Market Risk Analysis
Sharpe Ratio = 0.7071
SingularityX Dash Relative Performance Indicators
Estimated Market Risk