21Shares Bytetree (Switzerland) Price on December 10, 2024
| BOLD Etf | 31.73 0.19 0.60% |
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 Bytetree stands at 31.73, as last reported on the 7th of January, with the highest price reaching 31.75 and the lowest price hitting 31.51 during the day. 21Shares Bytetree appears to be very steady, given 3 months investment horizon. 21Shares Bytetree BOLD secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the etf had a 0.31% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for 21Shares Bytetree BOLD, which you can use to evaluate the volatility of the entity. Please makes use of 21Shares Bytetree's coefficient of variation of 370.24, and Mean Deviation of 0.7885 to double-check if our risk estimates are consistent with your expectations.
21Shares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
21Shares |
Sharpe Ratio = 0.3087
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BOLD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average 21Shares Bytetree is performing at about 24% 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 21Shares Bytetree by adding it to a well-diversified portfolio.
21Shares Bytetree Valuation on December 10, 2024
It is possible to determine the worth of 21Shares Bytetree on a given historical date. On December 10, 2024 21Shares was worth 30.68 at the beginning of the trading date compared to the closed value of 31.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 21Shares Bytetree etf. Still, in general, we apply an absolute valuation method to find 21Shares Bytetree's 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 Bytetree where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 21Shares Bytetree's related companies.
| Open | High | Low | Close | Volume | |
| 30.74 | 30.90 | 30.67 | 30.67 | 438.00 | |
12/10/2024 | 30.68 | 31.11 | 30.68 | 31.11 | 1,125 |
| 31.40 | 31.52 | 31.40 | 31.52 | 650.00 |
| Backtest 21Shares Bytetree | | | 21Shares Bytetree History | Previous | Next |
21Shares Bytetree Trading Date Momentum on December 10, 2024
| On December 11 2024 21Shares Bytetree BOLD was traded for 31.52 at the closing time. The highest price during the trading period was 31.52 and the lowest recorded bid was listed for 31.40 . The volume for the day was 650. This history from December 11, 2024 contributed to the next trading day price increase. The overall trading delta to the next closing price was 1.32% . The daily price change to the current price is 0.35% . |
Price Boundaries
21Shares Bytetree Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
21Shares Bytetree BOLD 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 Bytetree January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how 21Shares Bytetree 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 Bytetree shares will generate the highest return on investment. By undertsting and applying 21Shares Bytetree etf market strength indicators, traders can identify 21Shares Bytetree BOLD entry and exit signals to maximize returns
21Shares Bytetree Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 21Shares Bytetree's 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.