Kaspa Performance
| KAS Crypto | USD 0.15 0.01 6.25% |
The crypto secures a Beta (Market Risk) of 0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kaspa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kaspa is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Over the last 90 days Kaspa has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Kaspa is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Kaspa |
Kaspa Relative Risk vs. Return Landscape
If you would invest 17.00 in Kaspa on August 30, 2024 and sell it today you would lose (2.00) from holding Kaspa or give up 11.76% of portfolio value over 90 days. Kaspa is generating 0.0704% of daily returns assuming 7.2587% volatility of returns over the 90 days investment horizon. Simply put, 64% of all crypto coins have less volatile historical return distribution than Kaspa, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kaspa Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaspa's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Kaspa, and traders can use it to determine the average amount a Kaspa'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 = 0.0097
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | KAS |
| Negative Returns |
Estimated Market Risk
| 7.26 actual daily | 64 64% of assets are less volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kaspa is not performing at its full potential. However, 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 Kaspa by adding Kaspa to a well-diversified portfolio.
About Kaspa Performance
By analyzing Kaspa's fundamental ratios, stakeholders can gain valuable insights into Kaspa's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kaspa 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 Kaspa has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Kaspa is peer-to-peer digital currency powered by the Blockchain technology.| Kaspa had very high historical volatility over the last 90 days | |
| Kaspa has some characteristics of a very speculative cryptocurrency |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaspa. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.