Cream Performance
| CREAM Crypto | USD 78.36 18.82 31.61% |
The crypto shows a Beta (market volatility) of 1.98, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cream will likely underperform.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Cream are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady primary indicators, Cream exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Cream |
Cream Relative Risk vs. Return Landscape
If you would invest 1,604 in Cream on February 21, 2024 and sell it today you would earn a total of 6,232 from holding Cream or generate 388.53% return on investment over 90 days. Cream is generating 3.0844% of daily returns and assumes 11.7064% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Cream 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. Expected Return |
| Risk |
Cream Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cream's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Cream, and traders can use it to determine the average amount a Cream'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 = 0.2635
| Best Portfolio | Best Equity | |||
| Good Returns | CREAM | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.71 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.08 actual daily | 61 61% of assets have lower returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Cream is performing at about 20% 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 Cream by adding it to a well-diversified portfolio.
About Cream Performance
To evaluate Cream 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 Cream 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 Cream 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 Cream market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cream'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.Cream is peer-to-peer digital currency powered by the Blockchain technology.| Cream is way too risky over 90 days horizon | |
| Cream appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cream. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.