Hashdex Nasdaq Crypto Etf Performance
| NCIQ Etf | 22.01 0.44 1.96% |
The etf retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. Hashdex Nasdaq returns are very sensitive to returns on the market. As the market goes up or down, Hashdex Nasdaq is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Hashdex Nasdaq Crypto has generated negative risk-adjusted returns adding no value to investors with long positions. Even with uncertain performance in the last few months, the Etf's forward indicators remain relatively invariable which may send shares a bit higher in April 2025. The latest agitation may also be a sign of long-running up-swing for the ETF retail investors. ...more
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Hashdex Nasdaq Relative Risk vs. Return Landscape
If you would invest 2,500 in Hashdex Nasdaq Crypto on December 26, 2024 and sell it today you would lose (299.00) from holding Hashdex Nasdaq Crypto or give up 11.96% of portfolio value over 90 days. Hashdex Nasdaq Crypto is currently does not generate positive expected returns and assumes 2.7237% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of etfs are less volatile than Hashdex, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Hashdex Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hashdex Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hashdex Nasdaq Crypto, and traders can use it to determine the average amount a Hashdex Nasdaq'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 = -0.0903
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NCIQ |
Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hashdex Nasdaq 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 Hashdex Nasdaq by adding Hashdex Nasdaq to a well-diversified portfolio.
About Hashdex Nasdaq Performance
Assessing Hashdex Nasdaq's fundamental ratios provides investors with valuable insights into Hashdex Nasdaq's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hashdex Nasdaq is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Hashdex Nasdaq generated a negative expected return over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Hashdex Nasdaq Crypto. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Hashdex Nasdaq Crypto is measured differently than its book value, which is the value of Hashdex that is recorded on the company's balance sheet. Investors also form their own opinion of Hashdex Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Hashdex Nasdaq's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hashdex Nasdaq's market value can be influenced by many factors that don't directly affect Hashdex Nasdaq's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hashdex Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hashdex Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hashdex Nasdaq's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.