UTK Performance
| UTK Crypto | USD 0.05 0.0002 0.43% |
The entity has a beta of 1.04, which indicates a somewhat significant risk relative to the market. UTK returns are very sensitive to returns on the market. As the market goes up or down, UTK is expected to follow.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in UTK are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady forward-looking signals, UTK exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Seaside police warn of cryptocurrency extortion scam - KSBW Monterey | 10/01/2024 |
UTK |
UTK Relative Risk vs. Return Landscape
If you would invest 4.50 in UTK on August 27, 2024 and sell it today you would earn a total of 0.21 from holding UTK or generate 4.67% return on investment over 90 days. UTK is generating 0.2068% of daily returns assuming 5.3221% volatility of returns over the 90 days investment horizon. Simply put, 47% of all crypto coins have less volatile historical return distribution than UTK, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
UTK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for UTK's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as UTK, and traders can use it to determine the average amount a UTK'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 = 0.0388
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UTK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average UTK is performing at about 3% 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 UTK by adding it to a well-diversified portfolio.
About UTK Performance
By analyzing UTK's fundamental ratios, stakeholders can gain valuable insights into UTK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if UTK 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 UTK has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
UTK is peer-to-peer digital currency powered by the Blockchain technology.| UTK had very high historical volatility over the last 90 days | |
| UTK has some characteristics of a very speculative cryptocurrency |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UTK. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.