Ether Fund Performance
| QETH-U Etf | 52.36 0.27 0.52% |
The etf shows a Beta (market volatility) of 0.022, which means not very significant fluctuations relative to the market. As returns on the market increase, Ether Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ether Fund is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Ether Fund are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating basic indicators, Ether Fund sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | 3iQ Leads Institutional Investors to Think Beyond Bitcoin and Expand Their Digital Asset Exposure - Business Wire | 10/24/2024 |
Ether |
Ether Fund Relative Risk vs. Return Landscape
If you would invest 4,031 in Ether Fund on September 24, 2024 and sell it today you would earn a total of 1,205 from holding Ether Fund or generate 29.89% return on investment over 90 days. Ether Fund is generating 1.1493% of daily returns and assumes 12.4683% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Ether 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 |
Ether Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ether Fund's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Ether Fund, and traders can use it to determine the average amount a Ether Fund'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 = 0.0922
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Estimated Market Risk
| 12.47 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ether Fund is performing at about 7% 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 Fund by adding it to a well-diversified portfolio.