KEY Performance
| KEY Crypto | USD 0.0006 0.000008 1.25% |
The crypto secures a Beta (Market Risk) of 2.88, 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, KEY will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days KEY 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 March 2025. The latest tumult may also be a sign of longer-term up-swing for KEY shareholders. ...more
KEY |
KEY Relative Risk vs. Return Landscape
If you would invest 0.22 in KEY on November 27, 2024 and sell it today you would lose (0.16) from holding KEY or give up 71.42% of portfolio value over 90 days. KEY is producing return of less than zero assuming 12.5683% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than KEY on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KEY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KEY's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as KEY, and traders can use it to determine the average amount a KEY'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 = -0.0984
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KEY |
Estimated Market Risk
| 12.57 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KEY 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 KEY by adding KEY to a well-diversified portfolio.
About KEY Performance
By analyzing KEY's fundamental ratios, stakeholders can gain valuable insights into KEY's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if KEY 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 KEY has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
KEY is peer-to-peer digital currency powered by the Blockchain technology.| KEY generated a negative expected return over the last 90 days | |
| KEY has high historical volatility and very poor performance | |
| KEY 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 KEY. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.