VeChain Performance
| VET Crypto | USD 0.04 0.0008 1.89% |
The entity owns a Beta (Systematic Risk) of -0.9, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning VeChain are expected to decrease slowly. On the other hand, during market turmoil, VeChain is expected to outperform it slightly.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in VeChain are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, VeChain exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Bitcoin Suddenly Plummets 7 percent After Hitting 64K, Triggering Over 700M Crypto Liquidations - Yahoo Finance | 02/29/2024 |
2 | Is Bitcoins on-chain bull run momentum over Indicator flashes red - Cointelegraph | 04/10/2024 |
VeChain |
VeChain Relative Risk vs. Return Landscape
If you would invest 2.80 in VeChain on January 25, 2024 and sell it today you would earn a total of 1.36 from holding VeChain or generate 48.57% return on investment over 90 days. VeChain is generating 0.7917% of daily returns assuming 6.0338% volatility of returns over the 90 days investment horizon. Simply put, 53% of all crypto coins have less volatile historical return distribution than VeChain, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VeChain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VeChain's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as VeChain, and traders can use it to determine the average amount a VeChain'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 = 0.1312
| Best Portfolio | Best Equity | |||
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| Small Returns | VET | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.03 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average VeChain is performing at about 10% 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 VeChain by adding it to a well-diversified portfolio.
About VeChain Performance
To evaluate VeChain 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 VeChain 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 VeChain 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 VeChain market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents VeChain'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.VeChain is peer-to-peer digital currency powered by the Blockchain technology.| VeChain is way too risky over 90 days horizon | |
| VeChain has some characteristics of a very speculative cryptocurrency | |
| VeChain appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Is Bitcoins on-chain bull run momentum over Indicator flashes red - Cointelegraph |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VeChain. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.