Kraken Ethereum (in USD) Performance

KRAKENETH -- Cryptlandia Crypto  

USD 251.84  8.83  3.63%

The crypto secures Beta (Market Risk) of 1.9361 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Kraken Ethereum will likely underperform. Although it is essential to pay attention to Kraken Ethereum USD price patterns, it is also good to be reasonable about what you can actually do with equity historical price patterns. Macroaxis philosophy towards estimating future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Kraken Ethereum expected return of 1.5229 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
1919

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Kraken Ethereum USD are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, Kraken Ethereum sustained solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

Kraken Ethereum USD Relative Risk vs. Return Landscape

If you would invest  13,256  in Kraken Ethereum USD on April 24, 2019 and sell it today you would earn a total of  11,045  from holding Kraken Ethereum USD or generate 83.32% return on investment over 30 days. Kraken Ethereum USD is generating 1.5229% of daily returns and assumes 5.3777% volatility on return distribution over the 30 days horizon. Simply put, 48% of equities are less volatile than Kraken Ethereum and 72% 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 8.13 times more return on investment than the market. However, the company is 8.13 times more volatile than its market benchmark. It trades about 0.28 of its potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of risk.

Kraken Ethereum Market Risk Analysis

Sharpe Ratio = 0.2832
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Kraken Ethereum Relative Performance Indicators

Estimated Market Risk
 5.38
  actual daily
 
 48 %
of total potential
 
4848
Expected Return
 1.52
  actual daily
 
 28 %
of total potential
 
2828
Risk-Adjusted Return
 0.28
  actual daily
 
 19 %
of total potential
 
1919
Based on monthly moving average Kraken Ethereum is performing at about 19% 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 Alerts

Equity Alerts and Improvement Suggestions

Kraken Ethereum USD appears to be very risky and stock price may revert if volatility continues
Please see also Stocks Correlation. Please also try CEO Directory module to screen ceos from public companies around the world.
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