Kusama Performance
| KSM Crypto | USD 37.48 0.01 0.03% |
The crypto secures a Beta (Market Risk) of 2.8, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kusama will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Kusama are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady primary indicators, Kusama exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Trump Team Mulls Creating First-Ever White House Crypto Role - Bloomberg Law | 11/20/2024 |
Kusama |
Kusama Relative Risk vs. Return Landscape
If you would invest 1,818 in Kusama on August 30, 2024 and sell it today you would earn a total of 1,930 from holding Kusama or generate 106.16% return on investment over 90 days. Kusama is generating 1.9813% of daily returns assuming 16.2453% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Kusama 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 |
Kusama Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kusama's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Kusama, and traders can use it to determine the average amount a Kusama'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 = 0.122
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 16.25 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.98 actual daily | 39 61% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Kusama is performing at about 9% 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 Kusama by adding it to a well-diversified portfolio.
About Kusama Performance
By analyzing Kusama's fundamental ratios, stakeholders can gain valuable insights into Kusama's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kusama 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 Kusama has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Kusama is peer-to-peer digital currency powered by the Blockchain technology.| Kusama is way too risky over 90 days horizon | |
| Kusama appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Trump Team Mulls Creating First-Ever White House Crypto Role - Bloomberg Law |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kusama. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.