OKB Financials
| OKB Crypto | USD 55.37 0.70 1.25% |
OKB |
Please note, the presentation of OKB's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OKB's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in OKB's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of OKB. Please utilize our Beneish M Score to check the likelihood of OKB's management manipulating its earnings.
OKB Crypto Summary
OKB competes with Solana, XRP, Staked Ether, Open Network, and Avalanche. OKB is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | NYSE Composite |
| Currency | USD - US Dollar |
OKB Systematic Risk
OKB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OKB volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on OKB correlated with the market. If Beta is less than 0 OKB generally moves in the opposite direction as compared to the market. If OKB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OKB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OKB is generally in the same direction as the market. If Beta > 1 OKB moves generally in the same direction as, but more than the movement of the benchmark.
OKB April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of OKB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OKB. We use our internally-developed statistical techniques to arrive at the intrinsic value of OKB based on widely used predictive technical indicators. In general, we focus on analyzing OKB Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OKB's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.94 | |||
| Information Ratio | 0.0564 | |||
| Maximum Drawdown | 23.76 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 8.01 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OKB. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the OKB information on this page should be used as a complementary analysis to other OKB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.