ETP Performance
| ETP Crypto | USD 0.03 0.03 637.84% |
The crypto shows a Beta (market volatility) of 3.44, 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, ETP will likely underperform.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ETP are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, ETP exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Younger Investors Like Options and Crypto. They Might Be Sorry. - Barrons | 02/06/2025 |
ETP |
ETP Relative Risk vs. Return Landscape
If you would invest 0.52 in ETP on November 27, 2024 and sell it today you would earn a total of 2.59 from holding ETP or generate 502.25% return on investment over 90 days. ETP is generating 10.3196% of daily returns assuming 80.5037% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than ETP on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ETP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETP's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as ETP, and traders can use it to determine the average amount a ETP'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 = 0.1282
| Best Portfolio | Best Equity | ETP | ||
| Good Returns | ||||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 80.5 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average ETP 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 ETP by adding it to a well-diversified portfolio.
About ETP Performance
By analyzing ETP's fundamental ratios, stakeholders can gain valuable insights into ETP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ETP 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 ETP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ETP is peer-to-peer digital currency powered by the Blockchain technology.| ETP is way too risky over 90 days horizon | |
| ETP has some characteristics of a very speculative cryptocurrency | |
| ETP appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Younger Investors Like Options and Crypto. They Might Be Sorry. - Barrons |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ETP. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.