Coinbase Wrapped Financials
| CBETH Crypto | USD 3,962 1.59 0.04% |
Coinbase |
Please note, the presentation of Coinbase Wrapped's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Coinbase Wrapped's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Coinbase Wrapped's management manipulating its earnings.
Coinbase Wrapped Crypto Summary
Coinbase Wrapped competes with XRP, Solana, Staked Ether, Sui, and Toncoin. Coinbase Wrapped Staked ETH is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Coinbase Wrapped Staked Systematic Risk
Coinbase Wrapped's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coinbase Wrapped volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Coinbase Wrapped Staked correlated with the market. If Beta is less than 0 Coinbase Wrapped generally moves in the opposite direction as compared to the market. If Coinbase Wrapped Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coinbase Wrapped Staked is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coinbase Wrapped is generally in the same direction as the market. If Beta > 1 Coinbase Wrapped moves generally in the same direction as, but more than the movement of the benchmark.
Coinbase Wrapped November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Coinbase Wrapped help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coinbase Wrapped Staked. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coinbase Wrapped Staked based on widely used predictive technical indicators. In general, we focus on analyzing Coinbase Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coinbase Wrapped's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.08 | |||
| Information Ratio | 0.1024 | |||
| Maximum Drawdown | 16.7 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 6.11 |
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.