Ethereum PoW Performance
| ETHW Crypto | USD 3.54 0.02 0.56% |
The crypto shows a Beta (market volatility) of -0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ethereum PoW are expected to decrease at a much lower rate. During the bear market, Ethereum PoW is likely to outperform the market.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Ethereum PoW are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Ethereum PoW exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Ethereum |
Ethereum PoW Relative Risk vs. Return Landscape
If you would invest 192.00 in Ethereum PoW on August 24, 2024 and sell it today you would earn a total of 162.00 from holding Ethereum PoW or generate 84.38% return on investment over 90 days. Ethereum PoW is generating 1.1772% of daily returns and assumes 6.7576% volatility on return distribution over the 90 days horizon. Simply put, 60% of crypto coins are less volatile than Ethereum, and 77% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ethereum PoW Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ethereum PoW's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Ethereum PoW, and traders can use it to determine the average amount a Ethereum PoW'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 = 0.1742
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ETHW | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.76 actual daily | 60 60% of assets are less volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Ethereum PoW is performing at about 13% of its full potential. 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 Ethereum PoW by adding it to a well-diversified portfolio.
About Ethereum PoW Performance
By analyzing Ethereum PoW's fundamental ratios, stakeholders can gain valuable insights into Ethereum PoW's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ethereum PoW 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 Ethereum PoW has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ethereum PoW is peer-to-peer digital currency powered by the Blockchain technology.| Ethereum PoW is way too risky over 90 days horizon | |
| Ethereum PoW appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethereum PoW. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.