21Shares Tezos (Switzerland) Price on March 22, 2024
AXTZ Etf | USD 4.39 0.18 4.28% |
If you're considering investing in 21Shares Etf, it is important to understand the factors that can impact its price. As of today, the current price of 21Shares Tezos stands at 4.39, as last reported on the 28th of March, with the highest price reaching 4.39 and the lowest price hitting 4.39 during the day. 21Shares Tezos staking secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the etf had a -0.15 % return per unit of risk over the last 3 months. 21Shares Tezos staking exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 21Shares Tezos' variance of 28.23, and Mean Deviation of 4.12 to double-check the risk estimate we provide.
21Shares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
21Shares |
Sharpe Ratio = -0.1518
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Estimated Market Risk
5.17 actual daily | 46 54% of assets are more volatile |
Expected Return
-0.78 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 21Shares Tezos is not performing at its full potential. However, 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 21Shares Tezos by adding 21Shares Tezos to a well-diversified portfolio.
21Shares Tezos Valuation on March 22, 2024
It is possible to determine the worth of 21Shares Tezos on a given historical date. On March 22, 2024 21Shares was worth 7.17 at the beginning of the trading date compared to the closed value of 6.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 21Shares Tezos etf. Still, in general, we apply an absolute valuation method to find 21Shares Tezos' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of 21Shares Tezos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 21Shares Tezos' related companies.
Open | High | Low | Close | Volume | |
7.20 | 7.20 | 7.16 | 7.16 | 378.00 | |
03/22/2024 | 7.17 | 7.17 | 6.82 | 6.88 | 8,709 |
7.65 | 7.65 | 7.65 | 7.65 | 8,709 |
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21Shares Tezos Trading Date Momentum on March 22, 2024
On March 25 2024 21Shares Tezos staking was traded for 7.65 at the closing time. The highest price during the trading period was 7.65 and the lowest recorded bid was listed for 7.65 . The volume for the day was 8.7 K. This history from March 25, 2024 contributed to the next trading day price increase. The overall trading delta to the next closing price was 11.19% . The daily price change to the current price is 5.23% . |
About 21Shares Tezos Etf history
21Shares Tezos investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for 21Shares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 21Shares Tezos staking will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing 21Shares Tezos stock prices may prove useful in developing a viable investing in 21Shares Tezos
21Shares Tezos Etf Technical Analysis
21Shares Tezos technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
21Shares Tezos Period Price Range
Low | March 28, 2025
| High |
0.00 | 0.00 |
21Shares Tezos staking cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
21Shares Tezos March 28, 2025 Market Strength
Market strength indicators help investors to evaluate how 21Shares Tezos etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 21Shares Tezos shares will generate the highest return on investment. By undertsting and applying 21Shares Tezos etf market strength indicators, traders can identify 21Shares Tezos staking entry and exit signals to maximize returns
21Shares Tezos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 21Shares Tezos' price direction in advance. Along with the technical and fundamental analysis of 21Shares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 21Shares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.14) | |||
Jensen Alpha | (0.95) | |||
Total Risk Alpha | (0.77) | |||
Treynor Ratio | 1.43 |
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Other Information on Investing in 21Shares Etf
21Shares Tezos financial ratios help investors to determine whether 21Shares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 21Shares with respect to the benefits of owning 21Shares Tezos security.