Risk

Risk disclosure

A concise view of the risks behind market ideas, reserve gold, liabilities, and portfolio decisions.

Last updated 13 July 2026
01

Market and price risk

Markets can move quickly and unpredictably. An asset can fall sharply, trade through an invalidation level, or become difficult to value. Historical returns, recent relative strength, and a published prediction do not establish what happens next.

02

Idea and model risk

Kenka combines deterministic evidence checks with model-assisted ranking and explanation. A valid process can still produce an idea that loses value, misses relevant context, or reacts poorly to a changing market regime.

Predictions are time-bounded views, not guarantees. Review the evidence, horizon, principal risks, and invalidation condition as a connected whole.

03

Data and valuation risk

Reference prices, candles, volume measures, peer comparisons, and calculated portfolio values may be delayed, interrupted, revised, or unavailable. A displayed value may differ from another venue or from a price available at a later time.

04

Liquidity and execution risk

Thin or fragmented markets can move sharply and may not support a position at the displayed reference value. Kenka's evidence gate excludes unusable markets from current ideas, but liquidity conditions can deteriorate after publication.

05

Gold-backed borrowing risk

Using eligible gold value as buying power creates a separate liability. Falling gold prices, investment losses, or both can increase loan-to-value and reduce available buying power.

Collateral stress can develop faster than expected. Keep the gold allocation, locked amount, liability, post-investment LTV, and downside stress cases visible together.

06

Concentration and correlation risk

Several positions may respond to the same underlying factor even when their names differ. Technology, private-market references, commodities, currencies, and crypto-linked assets can become more correlated during stressed conditions.

07

Currency and reference-market risk

Assets and reference markets can be denominated or economically exposed to different currencies. Exchange-rate moves, market hours, venue structure, and benchmark selection can affect both reported performance and comparisons.

08

Operational and provider risk

Authentication, hosting, market-data, database, model, and network providers can experience outages or security incidents. Kenka may preserve the last healthy idea set or pause a feature when inputs are stale or a provider is unavailable.