Tokocrypto Performance
| TKO Crypto | USD 0.31 0.01 3.13% |
The entity has a beta of -0.0846, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tokocrypto are expected to decrease at a much lower rate. During the bear market, Tokocrypto is likely to outperform the market.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Tokocrypto are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Tokocrypto is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Tokocrypto |
Tokocrypto Relative Risk vs. Return Landscape
If you would invest 32.00 in Tokocrypto on August 23, 2024 and sell it today you would lose (1.00) from holding Tokocrypto or give up 3.12% of portfolio value over 90 days. Tokocrypto is generating 0.0954% of daily returns assuming 5.5673% volatility of returns over the 90 days investment horizon. Simply put, 49% of all crypto coins have less volatile historical return distribution than Tokocrypto, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Tokocrypto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tokocrypto's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Tokocrypto, and traders can use it to determine the average amount a Tokocrypto'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 = 0.0171
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| Cash | Small Risk | Average Risk | TKO | Huge Risk |
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Estimated Market Risk
| 5.57 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Tokocrypto is performing at about 1% 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 Tokocrypto by adding it to a well-diversified portfolio.
About Tokocrypto Performance
By analyzing Tokocrypto's fundamental ratios, stakeholders can gain valuable insights into Tokocrypto's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tokocrypto 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 Tokocrypto has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tokocrypto is peer-to-peer digital currency powered by the Blockchain technology.| Tokocrypto had very high historical volatility over the last 90 days | |
| Tokocrypto 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 Tokocrypto. 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.