21Shares Polkadot (Switzerland) Performance
| ADOT Etf | USD 2.22 0.04 1.77% |
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, returns on owning 21Shares Polkadot are expected to decrease at a much lower rate. During the bear market, 21Shares Polkadot is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days 21Shares Polkadot ETP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Etf's basic indicators remain fairly stable which may send shares a bit higher in April 2025. The latest fuss may also be a sign of long-term up-swing for the fund sophisticated investors. ...more
21Shares |
21Shares Polkadot Relative Risk vs. Return Landscape
If you would invest 343.00 in 21Shares Polkadot ETP on December 24, 2024 and sell it today you would lose (121.00) from holding 21Shares Polkadot ETP or give up 35.28% of portfolio value over 90 days. 21Shares Polkadot ETP is generating negative expected returns and assumes 6.8369% volatility on return distribution over the 90 days horizon. Simply put, 61% 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 Polkadot Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21Shares Polkadot's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 21Shares Polkadot ETP, and traders can use it to determine the average amount a 21Shares Polkadot'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 = -0.0744
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ADOT |
Estimated Market Risk
| 6.84 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 21Shares Polkadot 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 Polkadot by adding 21Shares Polkadot to a well-diversified portfolio.
About 21Shares Polkadot Performance
Evaluating 21Shares Polkadot's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 21Shares Polkadot 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 Polkadot 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.
| 21Shares Polkadot generated a negative expected return over the last 90 days | |
| 21Shares Polkadot has high historical volatility and very poor performance |
Other Information on Investing in 21Shares Etf
21Shares Polkadot 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 Polkadot security.