ETHER Performance
| ETHER Crypto | USD 0.0001 0.000018 12.33% |
The crypto shows a Beta (market volatility) of 0.74, which means possible diversification benefits within a given portfolio. As returns on the market increase, ETHER's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETHER is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ETHER are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, ETHER exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
ETHER |
ETHER Relative Risk vs. Return Landscape
If you would invest 0.01 in ETHER on August 30, 2024 and sell it today you would earn a total of 0.00 from holding ETHER or generate 23.08% return on investment over 90 days. ETHER is generating 1.0952% of daily returns and assumes 12.5467% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than ETHER on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ETHER Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETHER's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ETHER, and traders can use it to determine the average amount a ETHER'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 = 0.0873
| Best Portfolio | Best Equity | |||
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| Small Returns | ETHER | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.55 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.1 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average ETHER is performing at about 6% 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 ETHER by adding it to a well-diversified portfolio.
About ETHER Performance
By analyzing ETHER's fundamental ratios, stakeholders can gain valuable insights into ETHER's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ETHER 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 ETHER has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ETHER is peer-to-peer digital currency powered by the Blockchain technology.| ETHER is way too risky over 90 days horizon | |
| ETHER has some characteristics of a very speculative cryptocurrency | |
| ETHER appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ETHER. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.