IncomeShares Coinbase (Germany) Performance
| COIY Etf | 8.99 0.31 3.33% |
The etf retains a Market Volatility (i.e., Beta) of -0.11, 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
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Over the last 90 days IncomeShares Coinbase Options has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Etf's basic indicators remain rather sound which may send shares a bit higher in January 2025. The latest tumult may also be a sign of longer-term up-swing for the fund shareholders. ...more
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IncomeShares Coinbase Relative Risk vs. Return Landscape
If you would invest 1,026 in IncomeShares Coinbase Options on September 28, 2024 and sell it today you would lose (127.00) from holding IncomeShares Coinbase Options or give up 12.38% of portfolio value over 90 days. IncomeShares Coinbase Options is generating negative expected returns and assumes 2.6253% volatility on return distribution over the 90 days horizon. Simply put, 23% 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 |
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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 = -0.1664
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| Negative Returns | COIY |
Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IncomeShares Coinbase 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 IncomeShares Coinbase by adding IncomeShares Coinbase to a well-diversified portfolio.
| IncomeShares Coinbase generated a negative expected return over the last 90 days |