21Shares Bitcoin Financials
| ABTC Etf | 29.04 3.51 13.75% |
21Shares |
The data published in 21Shares Bitcoin's official financial statements typically reflect 21Shares Bitcoin's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving 21Shares Bitcoin's quantitative information. For example, before you start analyzing numbers published by 21Shares accountants, it's essential to understand 21Shares Bitcoin's liquidity, profitability, and earnings quality within the context of the 21Shares space in which it operates.
Please note, the imprecision that can be found in 21Shares Bitcoin's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 21Shares Bitcoin ETP. Check 21Shares Bitcoin's Beneish M Score to see the likelihood of 21Shares Bitcoin's management manipulating its earnings.
21Shares Bitcoin December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 21Shares Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 21Shares Bitcoin ETP. We use our internally-developed statistical techniques to arrive at the intrinsic value of 21Shares Bitcoin ETP based on widely used predictive technical indicators. In general, we focus on analyzing 21Shares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 21Shares Bitcoin's daily price indicators and compare them against related drivers.
| Downside Deviation | 6.84 | |||
| Information Ratio | 0.1494 | |||
| Maximum Drawdown | 58.05 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 9.73 |