Etherfi Performance
| ETHFI Crypto | USD 2.60 0.04 1.56% |
The crypto shows a Beta (market volatility) of 1.34, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Etherfi will likely underperform.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Etherfi are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Etherfi exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Etherfi |
Etherfi Relative Risk vs. Return Landscape
If you would invest 127.00 in Etherfi on September 4, 2024 and sell it today you would earn a total of 133.00 from holding Etherfi or generate 104.72% return on investment over 90 days. Etherfi is generating 1.3665% of daily returns and assumes 7.433% volatility on return distribution over the 90 days horizon. Simply put, 66% of crypto coins are less volatile than Etherfi, and 73% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Etherfi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etherfi's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Etherfi, and traders can use it to determine the average amount a Etherfi'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 = 0.1838
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ETHFI | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.43 actual daily | 66 66% of assets are less volatile |
Expected Return
| 1.37 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Etherfi is performing at about 14% 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 Etherfi by adding it to a well-diversified portfolio.
About Etherfi Performance
By analyzing Etherfi's fundamental ratios, stakeholders can gain valuable insights into Etherfi's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Etherfi 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 Etherfi has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ether.fi is peer-to-peer digital currency powered by the Blockchain technology.| Etherfi is way too risky over 90 days horizon | |
| Etherfi appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etherfi. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.