XRP Performance

XRP Crypto  USD 0.50  0.02  4.17%   
The entity maintains a market beta of 0.94, which attests to possible diversification benefits within a given portfolio. XRP returns are very sensitive to returns on the market. As the market goes up or down, XRP is expected to follow.

Risk-Adjusted Performance

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Very Weak
Over the last 90 days XRP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, XRP is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Bitcoin Slips Towards 42K as Interest Rates Soar Chainlinks LINK Defies Crypto Slump - CoinDesk
Bitcoins Bounce Doesnt Settle the Biggest Worries About Crypto - Yahoo Finance
Ex-PayPal and Venmo vets launch Meso to connect crypto wallets with bank accounts, announce 9.5M seed round - Fortune
Crypto exchange Coinbase suffers outages amid bitcoin rally - The Hill
Cryptos 800 Billion Rally Widens Beyond Record-Setting Bitcoin - Bloomberg
Crypto Analyst Predicts XRP Price Will Rally 800 percent To 6, Heres When - TradingView
Bitcoin Plunges to 66K, Altcoins Tumble 10-15 percent on Ugly Day for Risk Assets - CoinDesk
Crypto FOMO Is Back. So Are the Scams - WIRED

XRP Relative Risk vs. Return Landscape

If you would invest  52.00  in XRP on January 20, 2024 and sell it today you would lose (2.00) from holding XRP or give up 3.85% of portfolio value over 90 days. XRP is generating 0.0147% of daily returns assuming 3.9039% volatility of returns over the 90 days investment horizon. Simply put, 34% of all crypto coins have less volatile historical return distribution than XRP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
Assuming the 90 days trading horizon XRP is expected to generate 4.04 times less return on investment than the market. In addition to that, the company is 6.28 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.1 per unit of volatility.

XRP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for XRP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as XRP, and traders can use it to determine the average amount a XRP'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 = 0.0038

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Negative ReturnsXRP

Estimated Market Risk

  actual daily
66% of assets are more volatile

Expected Return

  actual daily
Most of other assets have higher returns

Risk-Adjusted Return

  actual daily
Most of other assets perform better
Based on monthly moving average XRP is not performing at its full potential. However, 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 XRP by adding XRP to a well-diversified portfolio.

About XRP Performance

To evaluate XRP 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 XRP 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 XRP 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 XRP market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents XRP'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.
XRP is peer-to-peer digital currency powered by the Blockchain technology.
XRP has some characteristics of a very speculative cryptocurrency
XRP had very high historical volatility over the last 90 days
Latest headline from news.google.com: Crypto FOMO Is Back. So Are the Scams - WIRED
When determining whether XRP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XRP'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 Xrp Crypto.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XRP. 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.
Please note, there is a significant difference between XRP's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine XRP 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, XRP's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.