Raydium Performance
| RAY Crypto | USD 1.73 0.10 6.13% |
The crypto holds a Beta of 1.07, which implies a somewhat significant risk relative to the market. Raydium returns are very sensitive to returns on the market. As the market goes up or down, Raydium is expected to follow.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Raydium are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Raydium exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Raydium |
Raydium Relative Risk vs. Return Landscape
If you would invest 115.00 in Raydium on January 25, 2024 and sell it today you would earn a total of 58.00 from holding Raydium or generate 50.43% return on investment over 90 days. Raydium is generating 0.9125% of daily returns assuming 7.792% volatility of returns over the 90 days investment horizon. Simply put, 69% of all crypto coins have less volatile historical return distribution than Raydium, and 82% 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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Raydium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raydium's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Raydium, and traders can use it to determine the average amount a Raydium'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 = 0.1171
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.79 actual daily | 68 68% of assets are less volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Raydium is performing at about 9% 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 Raydium by adding it to a well-diversified portfolio.
About Raydium Performance
To evaluate Raydium 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 Raydium 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 Raydium 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 Raydium market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Raydium'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.Raydium is peer-to-peer digital currency powered by the Blockchain technology.| Raydium is way too risky over 90 days horizon | |
| Raydium may become a speculative penny crypto | |
| Raydium appears to be risky and price may revert if volatility continues |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raydium. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.