TRON Performance

TRX -  USA Crypto  

USD 0.07  0.0009  1.31%

The entity has a beta of -0.601, which indicates possible diversification benefits within a given portfolio. Let's try to break down what TRON's beta means in this case. As returns on the market increase, returns on owning TRON are expected to decrease at a much lower rate. During the bear market, TRON is likely to outperform the market. Even though it is essential to pay attention to TRON current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. TRON exposes twenty-one different technical indicators, which can help you to evaluate its performance.

TRON Crypto Coin Performance 

 
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TRON Performance
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Over the last 90 days TRON has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Crypto's basic indicators remain somewhat strong which may send shares a bit higher in February 2022. The current disturbance may also be a sign of long term up-swing for TRON investors. ...more

TRON Price Channel

TRON Relative Risk vs. Return Landscape

If you would invest  9.96  in TRON on October 18, 2021 and sell it today you would lose (3.11)  from holding TRON or give up 31.22% of portfolio value over 90 days. TRON is producing return of less than zero assuming 4.2417% volatility of returns over the 90 days investment horizon. Simply put, 36% of all crypto coins have less volatile historical return distribution than TRON, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days trading horizon TRON is expected to under-perform the market. In addition to that, the company is 5.41 times more volatile than its market benchmark. It trades about -0.12 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of volatility.

TRON Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for TRON's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as TRON, and traders can use it to determine the average amount a TRON'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 = -0.1165

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Estimated Market Risk
 4.24
  actual daily
 
 36 %
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Expected Return
 -0.49
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 -0.12
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Based on monthly moving average TRON is performing at about 0% 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 TRON by adding it to a well-diversified portfolio.

About TRON Performance

To evaluate TRON 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 TRON 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 TRON 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 TRON stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents TRON'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.
TRON is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about TRON

Checking the ongoing alerts about TRON for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TRON help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

TRON Alerts

Equity Alerts and Improvement Suggestions

TRON generated a negative expected return over the last 90 days
TRON has some characteristics of a very speculative cryptocurrency
TRON has high historical volatility and very poor performance
Additionally, take a look at World Market Map. Note that the TRON information on this page should be used as a complementary analysis to other TRON's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Tools for TRON Crypto Coin

When running TRON price analysis, check to measure TRON's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TRON is operating at the current time. Most of TRON's value examination focuses on studying past and present price action to predict the probability of TRON's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TRON's price. Additionally, you may evaluate how the addition of TRON to your portfolios can decrease your overall portfolio volatility.
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