Ethereum PoW Performance
| ETHW Crypto | USD 2.60 0.02 0.78% |
The crypto shows a Beta (market volatility) of 1.18, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ethereum PoW will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Ethereum PoW has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Ethereum PoW is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Ethereum |
Ethereum PoW Relative Risk vs. Return Landscape
If you would invest 293.00 in Ethereum PoW on November 1, 2024 and sell it today you would lose (45.00) from holding Ethereum PoW or give up 15.36% of portfolio value over 90 days. Ethereum PoW is generating 0.0195% of daily returns and assumes 7.5025% volatility on return distribution over the 90 days horizon. Simply put, 66% of crypto coins are less volatile than Ethereum, and 99% 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 = 0.0026
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ETHW |
Estimated Market Risk
| 7.5 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ethereum PoW 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 Ethereum PoW by adding Ethereum PoW 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 had very high historical volatility over the last 90 days |
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.