KEY Performance
| KEY Crypto | USD 0.0006 0.000055 10.44% |
The crypto secures a Beta (Market Risk) of -0.97, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning KEY are expected to decrease slowly. On the other hand, during market turmoil, KEY is expected to outperform it slightly.
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 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 KEY shareholders. ...more
KEY |
KEY Relative Risk vs. Return Landscape
If you would invest 0.09 in KEY on December 17, 2024 and sell it today you would lose (0.04) from holding KEY or give up 38.72% of portfolio value over 90 days. KEY is producing return of less than zero assuming 11.3021% 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 = -0.0177
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KEY |
Estimated Market Risk
| 11.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.