Step 1: Understand the meaning of negative standard potential.
The standard potential value here refers to the standard reduction potential, $E^\circ$ (for the half-reaction $\text{M}^+(\text{aq}) + e^- \to \text{M}(\text{s})$).
A highly negative $E^\circ$ indicates a strong tendency for the metal to undergo oxidation ($\text{M} \to \text{M}^+ + e^-$), meaning the metal is a strong reducing agent.
The question asks for the order of negative $E^\circ$ values, so we are looking for the order of strength of the reducing agent.
Step 2: Analyze the factors determining the standard reduction potential for Alkali Metals.
The process of hydration of a metal ion $\text{M}^+(\text{g}) \to \text{M}^+(\text{aq})$ is highly exothermic for small ions (high charge density). The overall process for reduction is:
\[
\text{M}(\text{s}) \xrightarrow{\Delta H_{\text{sub}}} \text{M}(\text{g}) \xrightarrow{IE} \text{M}^+(\text{g}) + e^- \xrightarrow{\Delta H_{\text{hyd}}} \text{M}^+(\text{aq}).
\]
The standard potential is determined by the sum of these energy changes. For alkali metals, the trend is governed by the exceptionally high magnitude of the hydration enthalpy ($\Delta H_{\text{hyd}}$) for the smallest ion, $\text{Li}^+$.
Step 3: Compare the reduction potentials of $\text{Li, \text{Na}, \text{K}$.}
The standard reduction potentials are (in Volts):
$\text{Li}^+/\text{Li}: -3.05 \text{ V}$.
$\text{Na}^+/\text{Na}: -2.71 \text{ V}$.
$\text{K}^+/\text{K}: -2.93 \text{ V}$.
The order of the actual potential values is $\text{Li}<\text{K}<\text{Na}$.
Step 4: Determine the order of negative standard potential values.
The negative standard potential values are the magnitudes of these numbers: $|\text{Li}^+/\text{Li}| = 3.05$, $|\text{K}^+/\text{K}| = 2.93$, $|\text{Na}^+/\text{Na}| = 2.71$.
The order of negative standard potential values is $\text{Li}>\text{K}>\text{Na}$.
This is because $\text{Li}$ is the strongest reducing agent among the three due to the extremely high hydration energy of the small $\text{Li}^+$ ion, which makes its reduction potential the most negative.