OKT Chain Performance
| OKT Crypto | USD 6.78 0.61 9.89% |
The crypto holds a Beta of -1.94, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning OKT Chain are expected to decrease by larger amounts. On the other hand, during market turmoil, OKT Chain is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days OKT Chain 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 OKT Chain shareholders. ...more
OKT |
OKT Chain Relative Risk vs. Return Landscape
If you would invest 1,244 in OKT Chain on November 28, 2024 and sell it today you would lose (566.00) from holding OKT Chain or give up 45.5% of portfolio value over 90 days. OKT Chain is producing return of less than zero assuming 5.3573% volatility of returns over the 90 days investment horizon. Simply put, 47% of all crypto coins have less volatile historical return distribution than OKT Chain, 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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OKT Chain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OKT Chain's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as OKT Chain, and traders can use it to determine the average amount a OKT Chain'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 = -0.1491
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OKT |
Estimated Market Risk
| 5.36 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.8 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OKT Chain 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 OKT Chain by adding OKT Chain to a well-diversified portfolio.
About OKT Chain Performance
By analyzing OKT Chain's fundamental ratios, stakeholders can gain valuable insights into OKT Chain's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if OKT Chain 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 OKT Chain has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
OKT Chain is peer-to-peer digital currency powered by the Blockchain technology.| OKT Chain generated a negative expected return over the last 90 days | |
| OKT Chain has high historical volatility and very poor performance |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OKT Chain. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.