Kava Performance
| KAVA Crypto | USD 0.61 0.01 1.67% |
The crypto secures a Beta (Market Risk) of -0.0213, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kava are expected to decrease at a much lower rate. During the bear market, Kava is likely to outperform the market.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Kava are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Kava exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Kava |
Kava Relative Risk vs. Return Landscape
If you would invest 29.00 in Kava on September 1, 2024 and sell it today you would earn a total of 31.00 from holding Kava or generate 106.9% return on investment over 90 days. Kava is generating 1.2745% of daily returns and assumes 5.5449% volatility on return distribution over the 90 days horizon. Simply put, 49% of crypto coins are less volatile than Kava, and 75% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Kava Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kava's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Kava, and traders can use it to determine the average amount a Kava'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 = 0.2299
| Best Portfolio | Best Equity | |||
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| Small Returns | KAVA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.54 actual daily | 49 51% of assets are more volatile |
Expected Return
| 1.27 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Kava is performing at about 18% 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 Kava by adding it to a well-diversified portfolio.
About Kava Performance
By analyzing Kava's fundamental ratios, stakeholders can gain valuable insights into Kava's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Kava 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 Kava has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Kava is peer-to-peer digital currency powered by the Blockchain technology.| Kava is way too risky over 90 days horizon | |
| Kava has some characteristics of a very speculative cryptocurrency | |
| Kava 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 Kava. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.