Decentraland Performance
| MANA Crypto | USD 0.30 0.02 6.25% |
The crypto shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, Decentraland's returns are expected to increase less than the market. However, during the bear market, the loss of holding Decentraland is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Decentraland are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound fundamental indicators, Decentraland is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Decentraland |
Decentraland Relative Risk vs. Return Landscape
If you would invest 31.00 in Decentraland on February 5, 2025 and sell it today you would lose (1.00) from holding Decentraland or give up 3.23% of portfolio value over 90 days. Decentraland is generating 0.0667% of daily returns and assumes 4.8492% volatility on return distribution over the 90 days horizon. Simply put, 43% of crypto coins are less volatile than Decentraland, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Decentraland Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Decentraland's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Decentraland, and traders can use it to determine the average amount a Decentraland'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 = 0.0138
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | MANA | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.85 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Decentraland is performing at about 1% 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 Decentraland by adding it to a well-diversified portfolio.
About Decentraland Performance
By analyzing Decentraland's fundamental ratios, stakeholders can gain valuable insights into Decentraland's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Decentraland 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 Decentraland has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Decentraland is peer-to-peer digital currency powered by the Blockchain technology.| Decentraland has some characteristics of a very speculative cryptocurrency | |
| Decentraland had very high historical volatility over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Decentraland. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..