Kraken Monero (in USD) Performance

KRAKENXMR -- Cryptlandia Crypto  

USD 47.03  1.08  2.35%

The crypto secures Beta (Market Risk) of 0.1283 which conveys that as returns on market increase, Kraken Monero returns are expected to increase less than the market. However during bear market, the loss on holding Kraken Monero will be expected to be smaller as well. Even though it is essential to pay attention to Kraken Monero USD price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any crypto is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Kraken Monero exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Kraken Monero USD Relative Risk vs. Return Landscape

If you would invest  5,476  in Kraken Monero USD on January 18, 2019 and sell it today you would lose (773.00)  from holding Kraken Monero USD or give up 14.12% of portfolio value over 30 days. Kraken Monero USD is generating negative expected returns and assumes 5.0018% volatility on return distribution over the 30 days horizon. Simply put, 45% of equities are less volatile than Kraken Monero 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 Monero is expected to under-perform the market. In addition to that, the company is 2.63 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of volatility.

Kraken Monero Market Risk Analysis

Sharpe Ratio = -0.0493
Good Returns
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Negative ReturnsKRAKENXMR

Kraken Monero Relative Performance Indicators

Estimated Market Risk
  actual daily
 45 %
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 Monero 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 Monero by adding it to a well-diversified portfolio.

Kraken Monero Performance Rating

Kraken Monero USD Risk Adjusted Performance Analysis


Risk-Adjusted Performance

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

Kraken Monero Alerts

Equity Alerts and Improvement Suggestions

Kraken Monero USD generates negative expected return over the last 30 days
Kraken Monero USD has high historical volatility and very poor performance
Please see also Stocks Correlation. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.