KuCoin Token Performance
| KCS Crypto | USD 12.09 0.26 2.20% |
The crypto owns a Beta (Systematic Risk) of 0.55, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KuCoin Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding KuCoin Token is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in KuCoin Token are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, KuCoin Token exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Shanghai judge says cryptocurrency is a commodity, legal to own - Cointelegraph | 11/20/2024 |
KuCoin |
KuCoin Token Relative Risk vs. Return Landscape
If you would invest 814.00 in KuCoin Token on September 1, 2024 and sell it today you would earn a total of 371.00 from holding KuCoin Token or generate 45.58% return on investment over 90 days. KuCoin Token is generating 0.6135% of daily returns assuming 2.6402% volatility of returns over the 90 days investment horizon. Simply put, 23% of all crypto coins have less volatile historical return distribution than KuCoin Token, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KuCoin Token Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KuCoin Token's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as KuCoin Token, and traders can use it to determine the average amount a KuCoin Token'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 = 0.2324
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average KuCoin Token is performing at about 18% 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 KuCoin Token by adding it to a well-diversified portfolio.
About KuCoin Token Performance
By analyzing KuCoin Token's fundamental ratios, stakeholders can gain valuable insights into KuCoin Token's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if KuCoin Token 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 KuCoin Token has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
KuCoin Token is peer-to-peer digital currency powered by the Blockchain technology.| Latest headline from news.google.com: Shanghai judge says cryptocurrency is a commodity, legal to own - Cointelegraph |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KuCoin Token. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.