Maker Performance
| MKR Crypto | USD 1,644 3.37 0.21% |
The crypto secures a Beta (Market Risk) of 1.42, 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, Maker will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Maker has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Crypto's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for Maker shareholders. ...more
Maker |
Maker Relative Risk vs. Return Landscape
If you would invest 196,854 in Maker on August 24, 2024 and sell it today you would lose (32,469) from holding Maker or give up 16.49% of portfolio value over 90 days. Maker is producing return of less than zero assuming 4.9555% volatility of returns over the 90 days investment horizon. Simply put, 44% of all crypto coins have less volatile historical return distribution than Maker, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Maker Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maker's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Maker, and traders can use it to determine the average amount a Maker'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 = -0.0334
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MKR |
Estimated Market Risk
| 4.96 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Maker 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 Maker by adding Maker to a well-diversified portfolio.
About Maker Performance
By analyzing Maker's fundamental ratios, stakeholders can gain valuable insights into Maker's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Maker 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 Maker has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Maker is peer-to-peer digital currency powered by the Blockchain technology.| Maker generated a negative expected return over the last 90 days | |
| Maker 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 Maker. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.