Wrapped Beacon Performance
| WBETH Crypto | USD 2,632 17.49 0.66% |
The entity maintains a market beta of -1.21, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Wrapped Beacon are expected to decrease by larger amounts. On the other hand, during market turmoil, Wrapped Beacon is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Wrapped Beacon ETH 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 fundamental 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 Wrapped Beacon ETH shareholders. ...more
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Wrapped Beacon Relative Risk vs. Return Landscape
If you would invest 378,778 in Wrapped Beacon ETH on November 28, 2024 and sell it today you would lose (115,576) from holding Wrapped Beacon ETH or give up 30.51% of portfolio value over 90 days. Wrapped Beacon ETH is generating negative expected returns and assumes 4.1098% volatility on return distribution over the 90 days horizon. Simply put, 36% of crypto coins are less volatile than Wrapped, 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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Wrapped Beacon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wrapped Beacon's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Wrapped Beacon ETH, and traders can use it to determine the average amount a Wrapped Beacon'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 = -0.1195
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WBETH |
Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wrapped Beacon 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 Wrapped Beacon by adding Wrapped Beacon to a well-diversified portfolio.
About Wrapped Beacon Performance
By analyzing Wrapped Beacon's fundamental ratios, stakeholders can gain valuable insights into Wrapped Beacon's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Wrapped Beacon 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 Wrapped Beacon has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Wrapped Beacon ETH is peer-to-peer digital currency powered by the Blockchain technology.| Wrapped Beacon ETH generated a negative expected return over the last 90 days | |
| Wrapped Beacon ETH has high historical volatility and very poor performance |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrapped Beacon ETH. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.