Ether Fund Performance
| QETH-UN Etf | 75.15 1.00 1.35% |
The etf shows a Beta (market volatility) of 2.03, 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 Fund will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ether Fund are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical indicators, Ether Fund displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Ether |
Ether Fund Relative Risk vs. Return Landscape
If you would invest 5,447 in Ether Fund on September 24, 2024 and sell it today you would earn a total of 2,068 from holding Ether Fund or generate 37.97% return on investment over 90 days. Ether Fund is generating 0.5927% of daily returns and assumes 4.2903% volatility on return distribution over the 90 days horizon. Simply put, 38% 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 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 = 0.1381
| Best Portfolio | Best Equity | |||
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| Small Returns | QETH-UN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Ether Fund 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 Fund by adding it to a well-diversified portfolio.
About Ether Fund Performance
By examining Ether Fund's fundamental ratios, stakeholders can obtain critical insights into Ether Fund'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 Fund 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 Fund is entity of Canada. It is traded as Etf on TO exchange.| Ether Fund appears to be risky and price may revert if volatility continues |
Other Information on Investing in Ether Etf
Ether Fund 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 Fund security.