Kraken Ethereum (in USD) Performance

KRAKENETH -- Cryptlandia Crypto  

USD 124.34  4.06  0.03%

The crypto secures Beta (Market Risk) of -1.3324 which conveys that as returns on market increase, returns on owning Kraken Ethereum are expected to decrease by larger amounts. On the other hand, during market turmoil, Kraken Ethereum is expected to significantly outperform it. Although it is extremely important to respect Kraken Ethereum USD price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any crypto is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Kraken Ethereum USD technical indicators you can presently evaluate if the expected return of 0.0276% will be sustainable into the future.
Horizon     30 Days    Login   to change

Kraken Ethereum USD Relative Risk vs. Return Landscape

If you would invest  13,460  in Kraken Ethereum USD on December 20, 2018 and sell it today you would lose (1,402)  from holding Kraken Ethereum USD or give up 10.42% of portfolio value over 30 days. Kraken Ethereum USD is generating 0.0276% of daily returns and assumes 7.5171% volatility on return distribution over the 30 days horizon. Simply put, 68% of equities are less volatile than Kraken Ethereum and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Kraken Ethereum is expected to generate 1.54 times less return on investment than the market. In addition to that, the company is 3.81 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.02 per unit of volatility.

Kraken Ethereum Market Risk Analysis

Sharpe Ratio = 0.0037
Good Returns
Average Returns
Small Returns
Negative ReturnsKRAKENETH

Kraken Ethereum Relative Performance Indicators

Estimated Market Risk
  actual daily
 68 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Kraken Ethereum is performing at about 0% 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 Kraken Ethereum by adding it to a well-diversified portfolio.

Kraken Ethereum Performance Rating

Kraken Ethereum USD Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days Kraken Ethereum USD has generated negative risk-adjusted returns adding no value to investors with long positions.

Kraken Ethereum Alerts

Equity Alerts and Improvement Suggestions

Kraken Ethereum USD has very high historical volatility over the last 30 days
Please see also Stocks Correlation. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.