THR Performance
| THR Crypto | USD 10,497 8,919 565.27% |
The entity has a beta of 17.99, which indicates 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, THR will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days THR has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, THR is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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THR Relative Risk vs. Return Landscape
If you would invest 1,049,715 in THR on January 24, 2024 and sell it today you would earn a total of 0.00 from holding THR or generate 0.0% return on investment over 90 days. THR is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than THR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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THR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for THR's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as THR, and traders can use it to determine the average amount a THR'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 = 0.0
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Based on monthly moving average THR 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 THR by adding THR to a well-diversified portfolio.
About THR Performance
To evaluate THR 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 THR 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 THR 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 THR market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents THR'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.THR is peer-to-peer digital currency powered by the Blockchain technology.| THR is not yet fully synchronised with the market data |
Check out World Market Map to better understand how to build diversified portfolios. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.