Kite Performance
| KITE Crypto | USD 0.09 0.0002 0.21% |
The crypto secures a Beta (Market Risk) of -5.9, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Kite are expected to decrease by larger amounts. On the other hand, during market turmoil, Kite is expected to outperform it.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Kite are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Kite exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Kite |
Kite Relative Risk vs. Return Landscape
If you would invest 0.00 in Kite on October 17, 2025 and sell it today you would earn a total of 9.40 from holding Kite or generate 9.223372036854776E16% return on investment over 90 days. Kite is generating 16.03% of daily returns and assumes 125.988% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Kite 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 |
Kite Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kite's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Kite, and traders can use it to determine the average amount a Kite'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 = 0.1272
| High Returns | Best Equity | KITE | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Based on monthly moving average Kite is performing at about 10% 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 Kite by adding it to a well-diversified portfolio.
About Kite Performance
By analyzing Kite's fundamental ratios, stakeholders can gain valuable insights into Kite's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kite 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 Kite has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Kite is peer-to-peer digital currency powered by the Blockchain technology.| Kite is way too risky over 90 days horizon | |
| Kite has some characteristics of a very speculative cryptocurrency | |
| Kite appears to be risky and price may revert if volatility continues |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kite. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.