21Shares Ripple (Switzerland) Performance
| AXRP Etf | CHF 71.17 28.43 66.52% |
The entity shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 21Shares Ripple's returns are expected to increase less than the market. However, during the bear market, the loss of holding 21Shares Ripple is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 21Shares Ripple XRP are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, 21Shares Ripple showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 8.99 | |
| Fifty Two Week High | 24.68 |
21Shares |
21Shares Ripple Relative Risk vs. Return Landscape
If you would invest 1,346 in 21Shares Ripple XRP on September 3, 2024 and sell it today you would earn a total of 5,771 from holding 21Shares Ripple XRP or generate 428.75% return on investment over 90 days. 21Shares Ripple XRP is generating 3.1271% of daily returns and assumes 11.5489% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than 21Shares on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
21Shares Ripple Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21Shares Ripple's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 21Shares Ripple XRP, and traders can use it to determine the average amount a 21Shares Ripple'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 = 0.2708
| Best Portfolio | Best Equity | |||
| Good Returns | AXRP | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.55 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.13 actual daily | 62 62% of assets have lower returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average 21Shares Ripple is performing at about 21% 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 Ripple by adding it to a well-diversified portfolio.
21Shares Ripple Fundamentals Growth
21Shares Etf prices reflect investors' perceptions of the future prospects and financial health of 21Shares Ripple, and 21Shares Ripple 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 | 35.94 M | |||
About 21Shares Ripple Performance
Evaluating 21Shares Ripple's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 21Shares Ripple 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 Ripple 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 Ripple is traded on Switzerland Exchange in Switzerland.| 21Shares Ripple XRP is way too risky over 90 days horizon | |
| 21Shares Ripple XRP appears to be risky and price may revert if volatility continues | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in 21Shares Etf
21Shares Ripple 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 Ripple security.