Ether Etf Cad Etf Performance
| ETHR Etf | CAD 16.77 0.32 1.95% |
The etf shows a Beta (market volatility) of 1.45, 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, Ether ETF will likely underperform.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Ether ETF CAD are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Ether ETF displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.22 |
Ether |
Ether ETF Relative Risk vs. Return Landscape
If you would invest 1,230 in Ether ETF CAD on September 22, 2024 and sell it today you would earn a total of 447.00 from holding Ether ETF CAD or generate 36.34% return on investment over 90 days. Ether ETF CAD is generating 0.5802% of daily returns and assumes 4.4412% volatility on return distribution over the 90 days horizon. Simply put, 39% of etfs are less volatile than Ether, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ether ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ether ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Ether ETF CAD, and traders can use it to determine the average amount a Ether ETF'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 = 0.1306
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.44 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Ether ETF is performing at about 10% of its full potential. 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 Ether ETF by adding it to a well-diversified portfolio.
Ether ETF Fundamentals Growth
Ether Etf prices reflect investors' perceptions of the future prospects and financial health of Ether ETF, and Ether ETF 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 Ether Etf performance.
About Ether ETF Performance
By examining Ether ETF's fundamental ratios, stakeholders can obtain critical insights into Ether ETF'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 Ether ETF 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.
ETHER ETF is traded on Toronto Stock Exchange in Canada.| Ether ETF CAD appears to be risky and price may revert if volatility continues | |
| The fund generated three year return of -2.0% |
Other Information on Investing in Ether Etf
Ether ETF financial ratios help investors to determine whether Ether 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 Ether with respect to the benefits of owning Ether ETF security.