21Shares Bitcoin (Switzerland) Performance
| ABTC-GBP | GBP 22.87 0.02 0.09% |
The entity shows a Beta (market volatility) of 0.93, which signifies possible diversification benefits within a given portfolio. 21Shares Bitcoin returns are very sensitive to returns on the market. As the market goes up or down, 21Shares Bitcoin is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days 21Shares Bitcoin ETP has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest abnormal performance, the Etf's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
21Shares |
21Shares Bitcoin Relative Risk vs. Return Landscape
If you would invest 2,531 in 21Shares Bitcoin ETP on December 26, 2024 and sell it today you would lose (244.00) from holding 21Shares Bitcoin ETP or give up 9.64% of portfolio value over 90 days. 21Shares Bitcoin ETP is generating negative expected returns and assumes 3.6311% volatility on return distribution over the 90 days horizon. Simply put, 32% 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 ETP, 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 = -0.0326
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ABTC-GBP |
Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 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.
About 21Shares Bitcoin Performance
By analyzing 21Shares Bitcoin's fundamental ratios, stakeholders can gain valuable insights into 21Shares Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
| 21Shares Bitcoin ETP generated a negative expected return over the last 90 days | |
| 21Shares Bitcoin ETP has high historical volatility and very poor performance |
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.