OOKI Performance
| OOKI Crypto | USD 0 0 1,703% |
The crypto holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning OOKI are expected to decrease at a much lower rate. During the bear market, OOKI is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
Very Weak
Compared to the overall equity markets, risk-adjusted returns on investments in OOKI are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, OOKI exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
OOKI |
OOKI Relative Risk vs. Return Landscape
If you would invest 0.13 in OOKI on September 3, 2024 and sell it today you would earn a total of 0.08 from holding OOKI or generate 57.64% return on investment over 90 days. OOKI is generating 12.4841% of daily returns and assumes 124.8649% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than OOKI on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
OOKI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OOKI's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as OOKI, and traders can use it to determine the average amount a OOKI's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1
| Best Portfolio | Best Equity | OOKI | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 124.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average OOKI is performing at about 7% 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 OOKI by adding it to a well-diversified portfolio.
About OOKI Performance
By analyzing OOKI's fundamental ratios, stakeholders can gain valuable insights into OOKI's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if OOKI has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if OOKI has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
OOKI is peer-to-peer digital currency powered by the Blockchain technology.| OOKI is way too risky over 90 days horizon | |
| OOKI has some characteristics of a very speculative cryptocurrency | |
| OOKI appears to be risky and price may revert if volatility continues |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OOKI. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.