SingularityX Dash (in USD) Performance

SINGULADASH -- Cryptlandia Crypto  

USD 98.48  7.26  7.96%

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.

Risk-Adjusted Performance

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 Landscape

If 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, SingularityX Dash is expected to generate 6.19 times more return on investment than the market. However, the company is 6.19 times more volatile than its market benchmark. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

SingularityX Dash Market Risk Analysis

Sharpe Ratio = 0.7071
Average Returns
Small Returns
Negative Returns

SingularityX Dash Relative Performance Indicators

Estimated Market Risk
  actual daily
 50 %
of total potential
Expected Return
  actual daily
 75 %
of total potential
Risk-Adjusted Return
  actual daily
 48 %
of total potential
Based on monthly moving average SingularityX Dash 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 SingularityX Dash by adding it to a well-diversified portfolio.

SingularityX Dash Alerts

Equity Alerts and Improvement Suggestions

SingularityX Dash is not yet fully synchronised with the market data
SingularityX Dash appears to be very risky and stock price may revert if volatility continues
Also please take a look at World Market Map. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.