KAN Performance
| KAN Crypto | USD 0.0007 0.000005 0.77% |
The entity secures a Beta (Market Risk) of 0.91, which conveys possible diversification benefits within a given portfolio. KAN returns are very sensitive to returns on the market. As the market goes up or down, KAN is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days KAN has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for KAN shareholders. ...more
1 | Crypto exchange Gemini considers a 2025 IPO report - The Block | 02/06/2025 |
KAN |
KAN Relative Risk vs. Return Landscape
If you would invest 0.08 in KAN on December 17, 2024 and sell it today you would lose (0.01) from holding KAN or give up 17.46% of portfolio value over 90 days. KAN is producing return of less than zero assuming 2.9276% volatility of returns over the 90 days investment horizon. Simply put, 26% of all crypto coins have less volatile historical return distribution than KAN, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KAN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KAN's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as KAN, and traders can use it to determine the average amount a KAN'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 = -0.0871
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KAN |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KAN 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 KAN by adding KAN to a well-diversified portfolio.
About KAN Performance
By analyzing KAN's fundamental ratios, stakeholders can gain valuable insights into KAN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if KAN 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 KAN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
KAN is peer-to-peer digital currency powered by the Blockchain technology.| KAN generated a negative expected return over the last 90 days | |
| KAN has some characteristics of a very speculative cryptocurrency |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAN. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.