Hashdex Nasdaq Crypto Etf Performance
| NCIQ Etf | 30.86 0.61 1.94% |
The etf retains a Market Volatility (i.e., Beta) of -0.0693, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hashdex Nasdaq are expected to decrease at a much lower rate. During the bear market, Hashdex Nasdaq is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Hashdex Nasdaq Crypto are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain forward indicators, Hashdex Nasdaq reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Hashdex Nasdaq Relative Risk vs. Return Landscape
If you would invest 2,358 in Hashdex Nasdaq Crypto on April 27, 2025 and sell it today you would earn a total of 728.00 from holding Hashdex Nasdaq Crypto or generate 30.87% return on investment over 90 days. Hashdex Nasdaq Crypto is currently generating 0.4498% in daily expected returns and assumes 2.1126% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of etfs are less volatile than Hashdex, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Hashdex Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hashdex Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hashdex Nasdaq Crypto, and traders can use it to determine the average amount a Hashdex Nasdaq'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 = 0.2129
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.45 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Hashdex Nasdaq is performing at about 16% 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 Hashdex Nasdaq by adding it to a well-diversified portfolio.
About Hashdex Nasdaq Performance
Assessing Hashdex Nasdaq's fundamental ratios provides investors with valuable insights into Hashdex Nasdaq's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hashdex Nasdaq is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.