AKRO Performance
| AKRO Crypto | USD 0 0.0004 8.59% |
The crypto shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AKRO are expected to decrease at a much lower rate. During the bear market, AKRO is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in AKRO are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, AKRO exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
AKRO |
AKRO Relative Risk vs. Return Landscape
If you would invest 0.45 in AKRO on September 1, 2024 and sell it today you would earn a total of 0.04 from holding AKRO or generate 9.8% return on investment over 90 days. AKRO is generating 0.2465% of daily returns and assumes 4.5879% volatility on return distribution over the 90 days horizon. Simply put, 40% of crypto coins are less volatile than AKRO, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AKRO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AKRO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as AKRO, and traders can use it to determine the average amount a AKRO'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 = 0.0537
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average AKRO is performing at about 4% 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 AKRO by adding it to a well-diversified portfolio.
About AKRO Performance
By analyzing AKRO's fundamental ratios, stakeholders can gain valuable insights into AKRO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AKRO 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 AKRO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AKRO is peer-to-peer digital currency powered by the Blockchain technology.| AKRO has some characteristics of a very speculative cryptocurrency | |
| AKRO had very high historical volatility over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AKRO. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.