21Shares Bitcoin (Switzerland) Performance
| ABBA Etf | CHF 27.49 0.03 0.11% |
The entity shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 21Shares Bitcoin's returns are expected to increase less than the market. However, during the bear market, the loss of holding 21Shares Bitcoin is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days 21Shares Bitcoin Suisse has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Etf's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the fund sophisticated investors. ...more
| Fifty Two Week Low | 5.57 | |
| Fifty Two Week High | 137.02 |
21Shares |
21Shares Bitcoin Relative Risk vs. Return Landscape
If you would invest 3,206 in 21Shares Bitcoin Suisse on December 25, 2024 and sell it today you would lose (457.00) from holding 21Shares Bitcoin Suisse or give up 14.25% of portfolio value over 90 days. 21Shares Bitcoin Suisse is generating negative expected returns and assumes 3.5447% volatility on return distribution over the 90 days horizon. Simply put, 31% of etfs are less volatile than 21Shares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
21Shares Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21Shares Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 21Shares Bitcoin Suisse, and traders can use it to determine the average amount a 21Shares Bitcoin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0544
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ABBA |
Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 21Shares Bitcoin 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 Bitcoin by adding 21Shares Bitcoin to a well-diversified portfolio.
21Shares Bitcoin Fundamentals Growth
21Shares Etf prices reflect investors' perceptions of the future prospects and financial health of 21Shares Bitcoin, and 21Shares Bitcoin fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on 21Shares Etf performance.
| Total Asset | 89.57 K | |||
About 21Shares Bitcoin Performance
Evaluating 21Shares Bitcoin's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 21Shares Bitcoin has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if 21Shares Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
This product seeks to track the investment results of an index composed of Bitcoin and Ether based on market capitalizations. 21Shares Bitcoin is traded on Switzerland Exchange in Switzerland.| 21Shares Bitcoin generated a negative expected return over the last 90 days | |
| 21Shares Bitcoin has high historical volatility and very poor performance | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in 21Shares Etf
21Shares Bitcoin 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 Bitcoin security.