Evolve Cryptocurrencies Etf Performance

ETC-U Etf   17.17  0.14  0.81%   
The etf shows a Beta (market volatility) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve Cryptocurrencies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Cryptocurrencies is expected to be smaller as well.

Risk-Adjusted Performance

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Over the last 90 days Evolve Cryptocurrencies ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Evolve Cryptocurrencies is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
JavaScript chart by amCharts 3.21.15OctNovDec2025 -50510
JavaScript chart by amCharts 3.21.15Evolve Cryptocurrencies Evolve Cryptocurrencies Dividend Benchmark Dow Jones Industrial
  

Evolve Cryptocurrencies Relative Risk vs. Return Landscape

If you would invest  1,824  in Evolve Cryptocurrencies ETF on November 22, 2024 and sell it today you would lose (107.00) from holding Evolve Cryptocurrencies ETF or give up 5.87% of portfolio value over 90 days. Evolve Cryptocurrencies ETF is generating negative expected returns and assumes 3.1409% volatility on return distribution over the 90 days horizon. Simply put, 27% of etfs are less volatile than Evolve, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
JavaScript chart by amCharts 3.21.15CashMarketETC-U 0.00.51.01.52.02.53.03.5 -0.10-0.08-0.06-0.04-0.020.000.02
       Risk  
Assuming the 90 days trading horizon Evolve Cryptocurrencies is expected to under-perform the market. In addition to that, the company is 4.45 times more volatile than its market benchmark. It trades about -0.03 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.02 per unit of volatility.

Evolve Cryptocurrencies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Cryptocurrencies' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Cryptocurrencies ETF, and traders can use it to determine the average amount a Evolve Cryptocurrencies' 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 = -0.0264

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Negative ReturnsETC-U

Estimated Market Risk

 3.14
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Evolve Cryptocurrencies 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 Evolve Cryptocurrencies by adding Evolve Cryptocurrencies to a well-diversified portfolio.

About Evolve Cryptocurrencies Performance

Assessing Evolve Cryptocurrencies' fundamental ratios provides investors with valuable insights into Evolve Cryptocurrencies' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Evolve Cryptocurrencies is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Evolve Cryptocurrencies generated a negative expected return over the last 90 days
Evolve Cryptocurrencies has high historical volatility and very poor performance

Other Information on Investing in Evolve Etf

Evolve Cryptocurrencies financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Cryptocurrencies security.