VanEck Polkadot (Netherlands) Performance
| VDOT Etf | 2.83 0.22 8.43% |
The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. VanEck Polkadot returns are very sensitive to returns on the market. As the market goes up or down, VanEck Polkadot is expected to follow.
Risk-Adjusted Performance
13 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Polkadot ETN are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, VanEck Polkadot unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
VanEck |
VanEck Polkadot Relative Risk vs. Return Landscape
If you would invest 146.00 in VanEck Polkadot ETN on September 4, 2024 and sell it today you would earn a total of 137.00 from holding VanEck Polkadot ETN or generate 93.84% return on investment over 90 days. VanEck Polkadot ETN is generating 1.2444% of daily returns and assumes 7.3643% volatility on return distribution over the 90 days horizon. Simply put, 65% of etfs are less volatile than VanEck, and 76% 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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VanEck Polkadot Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Polkadot's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Polkadot ETN, and traders can use it to determine the average amount a VanEck Polkadot'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 = 0.169
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Estimated Market Risk
| 7.36 actual daily | 65 65% of assets are less volatile |
Expected Return
| 1.24 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average VanEck Polkadot is performing at about 13% 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 VanEck Polkadot by adding it to a well-diversified portfolio.