ETHetc Physical (Switzerland) Performance
| ZETH-GBP | 25.02 0.00 0.00% |
The etf shows a Beta (market volatility) of -1.11, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning ETHetc Physical are expected to decrease slowly. On the other hand, during market turmoil, ETHetc Physical is expected to outperform it slightly.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ETHetc Physical are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat abnormal basic indicators, ETHetc Physical sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
ETHetc |
ETHetc Physical Relative Risk vs. Return Landscape
If you would invest 1,918 in ETHetc Physical on October 22, 2024 and sell it today you would earn a total of 584.00 from holding ETHetc Physical or generate 30.45% return on investment over 90 days. ETHetc Physical is generating 1.8419% of daily returns and assumes 9.1777% volatility on return distribution over the 90 days horizon. Simply put, 81% of etfs are less volatile than ETHetc, and 64% 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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ETHetc Physical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETHetc Physical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETHetc Physical, and traders can use it to determine the average amount a ETHetc Physical'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 = 0.2007
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.18 actual daily | 81 81% of assets are less volatile |
Expected Return
| 1.84 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average ETHetc Physical is performing at about 15% 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 ETHetc Physical by adding it to a well-diversified portfolio.