UBEX Performance

UBEX Crypto  USD 0.000033  0.000001  3.13%   
The entity has a beta of 0.365, which indicates possible diversification benefits within a given portfolio. Let's try to break down what UBEX's beta means in this case. As returns on the market increase, UBEX returns are expected to increase less than the market. However, during the bear market, the loss on holding UBEX will be expected to be smaller as well. Although it is essential to pay attention to UBEX current price movements, it is also good to be reasonable about what you can do with equity historical returns. Our way of measuring future potential of any crypto is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if UBEX expected return of 5.48 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable.
  
UBEX Performance
11 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in UBEX are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, UBEX sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

UBEX Price Channel

UBEX Relative Risk vs. Return Landscape

If you would invest  0.00  in UBEX on November 6, 2022 and sell it today you would lose  0.00  from holding UBEX or give up 17.5% of portfolio value over 90 days. UBEX is generating 5.4759% of daily returns and assumes 36.2888% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than UBEX on the basis of their historical return distribution, and most 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 UBEX is expected to generate 32.98 times more return on investment than the market. However, the company is 32.98 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.12 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 = 0.1509

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Estimated Market Risk
 36.29
  actual daily
 
 96 %
of total potential
 
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Expected Return
 5.12
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 96 %
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9696
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 11 %
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Based on monthly moving average UBEX is performing at about 11% 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

To evaluate UBEX 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 UBEX 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 UBEX 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 UBEX market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents UBEX'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.
UBEX is peer-to-peer digital currency powered by the Blockchain technology.

Things to note about UBEX

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

UBEX Alerts

Equity Alerts and Improvement Suggestions

UBEX is way too risky over 90 days horizon
UBEX has some characteristics of a very speculative cryptocurrency
UBEX appears to be risky and price may revert if volatility continues
Also, please take a look at World Market Map. Note that the UBEX information on this page should be used as a complementary analysis to other UBEX'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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for UBEX Crypto Coin analysis

When running UBEX price analysis, check to measure UBEX's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy UBEX is operating at the current time. Most of UBEX's value examination focuses on studying past and present price actions to predict the probability of UBEX's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move UBEX's coin price. Additionally, you may evaluate how adding UBEX to your portfolios can decrease your overall portfolio volatility.
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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.