21shares Core Financials
| CETH Etf | USD 16.57 1.03 5.85% |
21shares |
The data published in 21shares Core's official financial statements typically reflect 21shares Core'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 Core's quantitative information. For example, before you start analyzing numbers published by 21shares accountants, it's essential to understand 21shares Core's liquidity, profitability, and earnings quality within the context of the Digital Assets space in which it operates.
21shares Core Etf Summary
21shares Core competes with ProShares Trust, IShares Ethereum, Volatility Shares, VanEck Ethereum, and Bitwise Ethereum. China Energy Technology Corp., Ltd. designs, manufactures, and sells solar water heaters and related solar products. China Energy Technology Corp., Ltd. was founded in 2009 and is based in Bengbu, China. China Energy is traded on OTC Market in USA.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 04071F102 |
| Region | Global |
| Investment Issuer | ARK |
| Location | New York; U.S.A |
| Business Address | No 1122 South |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
| Website | www.rrjtyn.com |
| Phone | 86 55 2411 6868 |
| Currency | USD - US Dollar |
21shares Core Key Financial Ratios
21shares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 21shares Core's current stock value. Our valuation model uses many indicators to compare 21shares Core value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 21shares Core competition to find correlations between indicators driving 21shares Core's intrinsic value. More Info.21shares Core Ethereum is the top ETF in price to book as compared to similar ETFs. It also is the top ETF in price to sales as compared to similar ETFs fabricating about 0.81 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for 21shares Core Ethereum is roughly 1.24 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 21shares Core's earnings, one of the primary drivers of an investment's value.21shares Core Ethereum Systematic Risk
21shares Core's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 21shares Core volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on 21shares Core Ethereum correlated with the market. If Beta is less than 0 21shares Core generally moves in the opposite direction as compared to the market. If 21shares Core Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 21shares Core Ethereum is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 21shares Core is generally in the same direction as the market. If Beta > 1 21shares Core moves generally in the same direction as, but more than the movement of the benchmark.
About 21shares Core Financials
What exactly are 21shares Core Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include 21shares Core's income statement, its balance sheet, and the statement of cash flows. Potential 21shares Core investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although 21shares Core investors may use each financial statement separately, they are all related. The changes in 21shares Core's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 21shares Core's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.21shares Core Thematic Clasifications
21shares Core Ethereum is part of several thematic ideas from Alternative Currency ETFs to Cryptocurrency ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas21shares Core January 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 21shares Core help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 21shares Core Ethereum. We use our internally-developed statistical techniques to arrive at the intrinsic value of 21shares Core Ethereum 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 Core's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.11 | |||
| Information Ratio | 0.0945 | |||
| Maximum Drawdown | 22.81 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 9.24 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 21shares Core Ethereum. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of 21shares Core Ethereum is measured differently than its book value, which is the value of 21shares that is recorded on the company's balance sheet. Investors also form their own opinion of 21shares Core's value that differs from its market value or its book value, called intrinsic value, which is 21shares Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 21shares Core's market value can be influenced by many factors that don't directly affect 21shares Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 21shares Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if 21shares Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 21shares Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.