UBEX Performance

UBEX Crypto  USD 0.000031  0.000001  3.33%   
The entity has a beta of 0.93, which indicates possible diversification benefits within a given portfolio. UBEX returns are very sensitive to returns on the market. As the market goes up or down, UBEX is expected to follow.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in UBEX are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, UBEX exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
  

UBEX Relative Risk vs. Return Landscape

If you would invest  0.00  in UBEX on August 13, 2024 and sell it today you would earn a total of  0.00  from holding UBEX or generate 14.81% return on investment over 90 days. UBEX is generating 0.2927% of daily returns and assumes 4.0126% volatility on return distribution over the 90 days horizon. Simply put, 35% of crypto coins are less volatile than UBEX, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon UBEX is expected to generate 5.28 times more return on investment than the market. However, the company is 5.28 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.21 per unit of risk.

UBEX Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for UBEX's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as UBEX, and traders can use it to determine the average amount a UBEX'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 = 0.0729

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Estimated Market Risk

 4.01
  actual daily
35
65% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average UBEX is performing at about 5% 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 UBEX by adding it to a well-diversified portfolio.

About UBEX Performance

By analyzing UBEX's fundamental ratios, stakeholders can gain valuable insights into UBEX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if UBEX 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 UBEX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
UBEX is peer-to-peer digital currency powered by the Blockchain technology.
UBEX has some characteristics of a very speculative cryptocurrency
UBEX had very high historical volatility over the last 90 days
When determining whether UBEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UBEX'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 Ubex Crypto.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UBEX. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Please note, there is a significant difference between UBEX's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine UBEX value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, UBEX's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.