LUNC Performance
| LUNC Crypto | USD 0.000099 0.000001 1.00% |
The crypto secures a Beta (Market Risk) of 1.22, which conveys 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, LUNC will likely underperform.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in LUNC are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, LUNC exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Bitcoins Bounce Doesnt Settle the Biggest Worries About Crypto - Bloomberg | 02/12/2024 |
2 | Solana memecoin frenzy spurs comparisons with Ethereum ICO era - Cointelegraph | 03/18/2024 |
3 | Elizabeth Warren Calls for Crackdown on Cryptos Role in Child Sexual Abuse - WIRED | 04/25/2024 |
LUNC |
LUNC Relative Risk vs. Return Landscape
If you would invest 0.01 in LUNC on February 1, 2024 and sell it today you would earn a total of 0.00 from holding LUNC or generate 3.12% return on investment over 90 days. LUNC is generating 0.2851% of daily returns and assumes 7.0123% volatility on return distribution over the 90 days horizon. Simply put, 62% of crypto coins are less volatile than LUNC, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
LUNC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LUNC's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as LUNC, and traders can use it to determine the average amount a LUNC'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 = 0.0407
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LUNC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.01 actual daily | 62 62% of assets are less volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average LUNC is performing at about 3% 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 LUNC by adding it to a well-diversified portfolio.
About LUNC Performance
To evaluate LUNC 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 LUNC 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 LUNC 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 LUNC market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents LUNC'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.LUNC is peer-to-peer digital currency powered by the Blockchain technology.| LUNC had very high historical volatility over the last 90 days | |
| LUNC has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Elizabeth Warren Calls for Crackdown on Cryptos Role in Child Sexual Abuse - WIRED |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LUNC. 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 Transaction History module to view history of all your transactions and understand their impact on performance.