3iq Coinshares Ether Etf Performance
| ETHQ Etf | CAD 11.77 0.67 6.04% |
The etf shows a Beta (market volatility) of 1.13, which signifies a somewhat significant risk relative to the market. 3iQ CoinShares returns are very sensitive to returns on the market. As the market goes up or down, 3iQ CoinShares is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days 3iQ CoinShares Ether 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
3iQ |
3iQ CoinShares Relative Risk vs. Return Landscape
If you would invest 1,891 in 3iQ CoinShares Ether on December 25, 2024 and sell it today you would lose (714.00) from holding 3iQ CoinShares Ether or give up 37.76% of portfolio value over 90 days. 3iQ CoinShares Ether is generating negative expected returns and assumes 4.6191% volatility on return distribution over the 90 days horizon. Simply put, 41% of etfs are less volatile than 3iQ, 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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3iQ CoinShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 3iQ CoinShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 3iQ CoinShares Ether, and traders can use it to determine the average amount a 3iQ CoinShares' 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 = -0.1466
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ETHQ |
Estimated Market Risk
| 4.62 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.68 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 3iQ CoinShares 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 3iQ CoinShares by adding 3iQ CoinShares to a well-diversified portfolio.
3iQ CoinShares Fundamentals Growth
3iQ Etf prices reflect investors' perceptions of the future prospects and financial health of 3iQ CoinShares, and 3iQ CoinShares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on 3iQ Etf performance.
| Total Asset | 403.34 M | |||
About 3iQ CoinShares Performance
By examining 3iQ CoinShares' fundamental ratios, stakeholders can obtain critical insights into 3iQ CoinShares' 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 3iQ CoinShares 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.
3IQ COINSHARES is traded on Toronto Stock Exchange in Canada.| 3iQ CoinShares Ether generated a negative expected return over the last 90 days | |
| 3iQ CoinShares Ether has high historical volatility and very poor performance | |
| The fund generated three year return of -13.0% | |
| 3iQ CoinShares Ether retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in 3iQ Etf
3iQ CoinShares financial ratios help investors to determine whether 3iQ 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 3iQ with respect to the benefits of owning 3iQ CoinShares security.