AKRO Performance
| AKRO Crypto | USD 0 0.0002 4.73% |
The crypto shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AKRO's returns are expected to increase less than the market. However, during the bear market, the loss of holding AKRO is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days AKRO has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, AKRO is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
AKRO |
AKRO Relative Risk vs. Return Landscape
If you would invest 0.46 in AKRO on August 30, 2024 and sell it today you would lose (0.01) from holding AKRO or give up 2.85% of portfolio value over 90 days. AKRO is generating 0.05% of daily returns and assumes 4.4012% volatility on return distribution over the 90 days horizon. Simply put, 39% of crypto coins are less volatile than AKRO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 = 0.0114
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| Negative Returns | AKRO |
Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AKRO 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 AKRO by adding AKRO 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.