IncomeShares Coinbase (UK) Performance
| COIY Etf | 9.49 0.11 1.17% |
The etf retains a Market Volatility (i.e., Beta) of -0.0381, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IncomeShares Coinbase are expected to decrease at a much lower rate. During the bear market, IncomeShares Coinbase is likely to outperform the market.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in IncomeShares Coinbase Options are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, IncomeShares Coinbase is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
IncomeShares |
IncomeShares Coinbase Relative Risk vs. Return Landscape
If you would invest 936.00 in IncomeShares Coinbase Options on September 29, 2024 and sell it today you would earn a total of 13.00 from holding IncomeShares Coinbase Options or generate 1.39% return on investment over 90 days. IncomeShares Coinbase Options is generating 0.0879% of daily returns and assumes 3.6621% volatility on return distribution over the 90 days horizon. Simply put, 32% of etfs are less volatile than IncomeShares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IncomeShares Coinbase Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IncomeShares Coinbase's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IncomeShares Coinbase Options, and traders can use it to determine the average amount a IncomeShares Coinbase'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 = 0.024
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | COIY | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average IncomeShares Coinbase is performing at about 1% 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 IncomeShares Coinbase by adding it to a well-diversified portfolio.
| IncomeShares Coinbase had very high historical volatility over the last 90 days |