Ethereum Name Performance
| ENS Crypto | USD 17.83 1.25 7.54% |
The crypto shows a Beta (market volatility) of 1.35, 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, Ethereum Name will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ethereum Name Service 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 basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for Ethereum Name Service shareholders. ...more
Ethereum |
Ethereum Name Relative Risk vs. Return Landscape
If you would invest 3,366 in Ethereum Name Service on December 26, 2024 and sell it today you would lose (1,583) from holding Ethereum Name Service or give up 47.03% of portfolio value over 90 days. Ethereum Name Service is producing return of less than zero assuming 5.5331% volatility of returns over the 90 days investment horizon. Simply put, 49% of all crypto coins have less volatile historical return distribution than Ethereum Name, and 99% 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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Ethereum Name Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ethereum Name's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Ethereum Name Service, and traders can use it to determine the average amount a Ethereum Name'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 = -0.1531
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ENS |
Estimated Market Risk
| 5.53 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.85 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ethereum Name 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 Ethereum Name by adding Ethereum Name to a well-diversified portfolio.
About Ethereum Name Performance
By analyzing Ethereum Name's fundamental ratios, stakeholders can gain valuable insights into Ethereum Name's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ethereum Name 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 Ethereum Name has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ethereum Name Service is peer-to-peer digital currency powered by the Blockchain technology.| Ethereum Name generated a negative expected return over the last 90 days | |
| Ethereum Name has high historical volatility and very poor performance |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethereum Name Service. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.