Phala Network Performance
| PHA Crypto | USD 0.11 0.01 8.33% |
The crypto holds a Beta of 2.71, which implies 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, Phala Network will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Phala Network has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in October 2024. The latest tumult may also be a sign of longer-term up-swing for Phala Network shareholders. ...more
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Phala Network Relative Risk vs. Return Landscape
If you would invest 19.00 in Phala Network on June 2, 2024 and sell it today you would lose (8.00) from holding Phala Network or give up 42.11% of portfolio value over 90 days. Phala Network is producing return of less than zero assuming 6.3315% volatility of returns over the 90 days investment horizon. Simply put, 56% of all crypto coins have less volatile historical return distribution than Phala Network, 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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Phala Network Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phala Network's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Phala Network, and traders can use it to determine the average amount a Phala Network'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 = -0.0952
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| Negative Returns | PHA |
Estimated Market Risk
| 6.33 actual daily | 56 56% of assets are less volatile |
Expected Return
| -0.6 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Phala Network 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 Phala Network by adding Phala Network to a well-diversified portfolio.
About Phala Network Performance
By analyzing Phala Network's fundamental ratios, stakeholders can gain valuable insights into Phala Network's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Phala Network has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Phala Network has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Phala Network is peer-to-peer digital currency powered by the Blockchain technology.| Phala Network generated a negative expected return over the last 90 days | |
| Phala Network has high historical volatility and very poor performance | |
| Phala Network has some characteristics of a very speculative cryptocurrency |
Additional Information and Resources on Investing in Phala Crypto Coin
When determining whether Phala Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phala Network's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phala Network Crypto.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phala Network. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.