Hashdex Crypto (Brazil) Performance
| META11 Etf | 41.24 0.23 0.56% |
The etf retains a Market Volatility (i.e., Beta) of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hashdex Crypto are expected to decrease at a much lower rate. During the bear market, Hashdex Crypto is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hashdex Crypto Metaverse are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hashdex Crypto sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Hashdex Crypto Relative Risk vs. Return Landscape
If you would invest 3,127 in Hashdex Crypto Metaverse on August 26, 2024 and sell it today you would earn a total of 997.00 from holding Hashdex Crypto Metaverse or generate 31.88% return on investment over 90 days. Hashdex Crypto Metaverse is generating 0.4947% of daily returns and assumes 3.5703% volatility on return distribution over the 90 days horizon. Simply put, 31% of etfs are less volatile than Hashdex, and 91% 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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Hashdex Crypto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hashdex Crypto's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hashdex Crypto Metaverse, and traders can use it to determine the average amount a Hashdex Crypto'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 = 0.1386
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Hashdex Crypto is performing at about 10% 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 Hashdex Crypto by adding it to a well-diversified portfolio.
| Hashdex Crypto had very high historical volatility over the last 90 days |