Kamino Performance
| KMNO Crypto | USD 0.14 0.01 7.69% |
The crypto secures a Beta (Market Risk) of 1.97, 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, Kamino will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Kamino are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Kamino exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Bitcoin Flirts With 100,000 on Optimism Over US Crypto Outlook - Bloomberg | 11/21/2024 |
Kamino |
Kamino Relative Risk vs. Return Landscape
If you would invest 4.72 in Kamino on August 30, 2024 and sell it today you would earn a total of 9.28 from holding Kamino or generate 196.61% return on investment over 90 days. Kamino is generating 15.5974% of daily returns and assumes 124.9521% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Kamino 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 |
Kamino Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kamino's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Kamino, and traders can use it to determine the average amount a Kamino'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 = 0.1248
| Best Portfolio | Best Equity | KMNO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 124.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Kamino 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 Kamino by adding it to a well-diversified portfolio.
About Kamino Performance
By analyzing Kamino's fundamental ratios, stakeholders can gain valuable insights into Kamino's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kamino 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 Kamino has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Kamino is peer-to-peer digital currency powered by the Blockchain technology.| Kamino is way too risky over 90 days horizon | |
| Kamino has some characteristics of a very speculative cryptocurrency | |
| Kamino appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitcoin Flirts With 100,000 on Optimism Over US Crypto Outlook - Bloomberg |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kamino. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.