Kraken Monero (in USD) Performance

KRAKENXMR -- Cryptlandia Crypto  

USD 95.31  0.82  0.85%

The crypto secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Kraken Monero are completely uncorrelated. Although it is vital to follow to Kraken Monero USD price patterns, it is good to be conservative about what you can actually do with the information regarding 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. We have found twenty technical indicators for Kraken Monero which you can use to evaluate performance of the organization.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Kraken Monero USD are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, Kraken Monero sustained solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

Kraken Monero USD Relative Risk vs. Return Landscape

If you would invest  6,868  in Kraken Monero USD on May 19, 2019 and sell it today you would earn a total of  2,745  from holding Kraken Monero USD or generate 39.97% return on investment over 30 days. Kraken Monero USD is generating 0.9521% of daily returns and assumes 5.5962% volatility on return distribution over the 30 days horizon. Simply put, 50% of equities are less volatile than Kraken Monero and 82% 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 Monero is expected to generate 7.18 times more return on investment than the market. However, the company is 7.18 times more volatile than its market benchmark. It trades about 0.17 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

Kraken Monero Market Risk Analysis

Sharpe Ratio = 0.1701
Good Returns
Average Returns
Small ReturnsKRAKENXMR
Negative Returns

Kraken Monero Relative Performance Indicators

Estimated Market Risk
  actual daily
 50 %
of total potential
Expected Return
  actual daily
 17 %
of total potential
Risk-Adjusted Return
  actual daily
 11 %
of total potential
Based on monthly moving average Kraken Monero is performing at about 11% 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 Monero by adding it to a well-diversified portfolio.

Kraken Monero Alerts

Equity Alerts and Improvement Suggestions

Kraken Monero USD appears to be very risky and stock price may revert if volatility continues
Please see also Stocks Correlation. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.