21Shares Crypto (France) Price on September 21, 2023
| HODLX Etf | 31.69 1.08 3.53% |
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 Crypto stands at 31.69, as last reported on the 2nd of December, with the highest price reaching 31.69 and the lowest price hitting 30.82 during the day. 21Shares Crypto appears to be very steady, given 3 months investment horizon. 21Shares Crypto Basket secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the etf had a 0.26% return per unit of risk over the last 3 months. By inspecting 21Shares Crypto's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please makes use of 21Shares Crypto's coefficient of variation of 388.41, and Mean Deviation of 2.42 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 = 0.2558
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HODLX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average 21Shares Crypto is performing at about 20% 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 Crypto by adding it to a well-diversified portfolio.
21Shares Crypto Valuation on September 21, 2023
It is possible to determine the worth of 21Shares Crypto on a given historical date. On September 21, 2023 21Shares was worth 9.85 at the beginning of the trading date compared to the closed value of 9.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 21Shares Crypto etf. Still, in general, we apply an absolute valuation method to find 21Shares Crypto'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 Crypto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 21Shares Crypto's related companies.
| Open | High | Low | Close | Volume | |
| 9.84 | 9.87 | 9.82 | 9.82 | 250.00 | |
09/21/2023 | 9.85 | 9.85 | 9.65 | 9.65 | 250.00 |
| 9.67 | 9.70 | 9.67 | 9.70 | 171.00 |
| Backtest 21Shares Crypto | | | 21Shares Crypto History | Previous | Next |
21Shares Crypto Trading Date Momentum on September 21, 2023
| On September 22 2023 21Shares Crypto Basket was traded for 9.70 at the closing time. The highest price during the trading period was 9.70 and the lowest recorded bid was listed for 9.67 . The volume for the day was 171. This history from September 22, 2023 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 0.52% . The daily price change to the current price is 2.38% . |
Price Boundaries
21Shares Crypto Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
21Shares Crypto Basket cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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 Crypto December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how 21Shares Crypto 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 Crypto shares will generate the highest return on investment. By undertsting and applying 21Shares Crypto etf market strength indicators, traders can identify 21Shares Crypto Basket entry and exit signals to maximize returns
21Shares Crypto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 21Shares Crypto'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.