21Shares Decentraland (France) Profile
21Shares Decentraland is trading at 3.37 as of the 23rd of March 2025, a No Change since the beginning of the trading day. The etf's open price was 3.37. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 23rd of March 2025. Click here to learn more.
21Shares Decentraland ETP Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 21Shares Decentraland. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 3.13 | |||
| Semi Deviation | 3.08 | |||
| Standard Deviation | 7.89 | |||
| Variance | 62.22 |
21Shares Decentraland Against Markets
21Shares Decentraland Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 21Shares Decentraland etf to make a market-neutral strategy. Peer analysis of 21Shares Decentraland could also be used in its relative valuation, which is a method of valuing 21Shares Decentraland by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |