21Shares Ethereum (Switzerland) Performance
| ETHC Etf | 12.01 0.59 4.68% |
The entity shows a Beta (market volatility) of -0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 21Shares Ethereum are expected to decrease at a much lower rate. During the bear market, 21Shares Ethereum is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in 21Shares Ethereum Core are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, 21Shares Ethereum showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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21Shares Ethereum Relative Risk vs. Return Landscape
If you would invest 962.00 in 21Shares Ethereum Core on October 22, 2024 and sell it today you would earn a total of 239.00 from holding 21Shares Ethereum Core or generate 24.84% return on investment over 90 days. 21Shares Ethereum Core is generating 0.4689% of daily returns and assumes 4.3479% volatility on return distribution over the 90 days horizon. Simply put, 38% of etfs are less volatile than 21Shares, and 91% 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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21Shares Ethereum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21Shares Ethereum's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 21Shares Ethereum Core, and traders can use it to determine the average amount a 21Shares Ethereum'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 = 0.1078
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.35 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average 21Shares Ethereum is performing at about 8% 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 21Shares Ethereum by adding it to a well-diversified portfolio.
| 21Shares Ethereum had very high historical volatility over the last 90 days |