KMD Performance
| KMD Crypto | USD 0.26 0.01 3.70% |
The crypto secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KMD's returns are expected to increase less than the market. However, during the bear market, the loss of holding KMD is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days KMD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, KMD is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
KMD |
KMD Relative Risk vs. Return Landscape
If you would invest 28.00 in KMD on August 23, 2024 and sell it today you would lose (2.00) from holding KMD or give up 7.14% of portfolio value over 90 days. KMD is producing return of less than zero assuming 4.6062% volatility of returns over the 90 days investment horizon. Simply put, 41% of all crypto coins have less volatile historical return distribution than KMD, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KMD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KMD's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as KMD, and traders can use it to determine the average amount a KMD'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 = -0.0018
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KMD |
Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KMD 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 KMD by adding KMD to a well-diversified portfolio.
About KMD Performance
By analyzing KMD's fundamental ratios, stakeholders can gain valuable insights into KMD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if KMD 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 KMD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
KMD is peer-to-peer digital currency powered by the Blockchain technology.| KMD generated a negative expected return over the last 90 days | |
| KMD has some characteristics of a very speculative cryptocurrency | |
| KMD has high historical volatility and very poor performance |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KMD. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..