Coinbase Wrapped Performance
| CBETH Crypto | USD 2,714 5.11 0.19% |
The crypto shows a Beta (market volatility) of -1.22, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Coinbase Wrapped are expected to decrease by larger amounts. On the other hand, during market turmoil, Coinbase Wrapped is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Coinbase Wrapped Staked has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's fundamental indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for Coinbase Wrapped Staked shareholders. ...more
Coinbase |
Coinbase Wrapped Relative Risk vs. Return Landscape
If you would invest 387,852 in Coinbase Wrapped Staked on November 27, 2024 and sell it today you would lose (115,796) from holding Coinbase Wrapped Staked or give up 29.86% of portfolio value over 90 days. Coinbase Wrapped Staked is generating negative expected returns and assumes 4.1026% volatility on return distribution over the 90 days horizon. Simply put, 36% of crypto coins are less volatile than Coinbase, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coinbase Wrapped Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coinbase Wrapped's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Coinbase Wrapped Staked, and traders can use it to determine the average amount a Coinbase Wrapped'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 = -0.1162
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CBETH |
Estimated Market Risk
| 4.1 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.48 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 Coinbase Wrapped 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 Coinbase Wrapped by adding Coinbase Wrapped to a well-diversified portfolio.
About Coinbase Wrapped Performance
By analyzing Coinbase Wrapped's fundamental ratios, stakeholders can gain valuable insights into Coinbase Wrapped's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Coinbase Wrapped 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 Coinbase Wrapped has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Coinbase Wrapped Staked ETH is peer-to-peer digital currency powered by the Blockchain technology.| Coinbase Wrapped generated a negative expected return over the last 90 days | |
| Coinbase Wrapped has high historical volatility and very poor performance |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.