Ci Galaxy Blockchain Etf Performance
| CBCX Etf | 25.09 0.78 3.21% |
The etf owns a Beta (Systematic Risk) of 0.91, which signifies possible diversification benefits within a given portfolio. CI Galaxy returns are very sensitive to returns on the market. As the market goes up or down, CI Galaxy is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CI Galaxy Blockchain has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
CBCX |
CI Galaxy Relative Risk vs. Return Landscape
If you would invest 3,631 in CI Galaxy Blockchain on December 25, 2024 and sell it today you would lose (1,122) from holding CI Galaxy Blockchain or give up 30.9% of portfolio value over 90 days. CI Galaxy Blockchain is generating negative expected returns and assumes 4.4236% volatility on return distribution over the 90 days horizon. Simply put, 39% of etfs are less volatile than CBCX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CI Galaxy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CI Galaxy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CI Galaxy Blockchain, and traders can use it to determine the average amount a CI Galaxy'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 = -0.1161
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CBCX |
Estimated Market Risk
| 4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CI Galaxy 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 CI Galaxy by adding CI Galaxy to a well-diversified portfolio.
About CI Galaxy Performance
By examining CI Galaxy's fundamental ratios, stakeholders can obtain critical insights into CI Galaxy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that CI Galaxy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| CI Galaxy Blockchain generated a negative expected return over the last 90 days | |
| CI Galaxy Blockchain has high historical volatility and very poor performance |
Other Information on Investing in CBCX Etf
CI Galaxy financial ratios help investors to determine whether CBCX Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CBCX with respect to the benefits of owning CI Galaxy security.