Coinbase Wrapped Performance
| CBETH Crypto | USD 4,016 120.23 3.09% |
The crypto shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Coinbase Wrapped's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coinbase Wrapped is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Coinbase Wrapped Staked are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Coinbase Wrapped exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Coinbase |
Coinbase Wrapped Relative Risk vs. Return Landscape
If you would invest 261,528 in Coinbase Wrapped Staked on September 1, 2024 and sell it today you would earn a total of 133,805 from holding Coinbase Wrapped Staked or generate 51.16% return on investment over 90 days. Coinbase Wrapped Staked is generating 0.7027% of daily returns and assumes 3.6715% volatility on return distribution over the 90 days horizon. Simply put, 32% of crypto coins are less volatile than Coinbase, and 86% 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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Coinbase Wrapped Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coinbase Wrapped's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Coinbase Wrapped Staked, and traders can use it to determine the average amount a Coinbase Wrapped'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 = 0.1914
| Best Portfolio | Best Equity | |||
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| Small Returns | CBETH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Coinbase Wrapped 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 Coinbase Wrapped by adding it to a well-diversified portfolio.
About Coinbase Wrapped Performance
By analyzing Coinbase Wrapped's fundamental ratios, stakeholders can gain valuable insights into Coinbase Wrapped's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Coinbase Wrapped 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 Coinbase Wrapped has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Coinbase Wrapped Staked ETH is peer-to-peer digital currency powered by the Blockchain technology.| Coinbase Wrapped appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coinbase Wrapped Staked. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.