21Shares Crypto (France) Performance
| HODLX Etf | 31.69 1.08 3.53% |
The entity shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 21Shares Crypto's returns are expected to increase less than the market. However, during the bear market, the loss of holding 21Shares Crypto is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 21Shares Crypto Basket are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, 21Shares Crypto reported solid returns over the last few months and may actually be approaching a breakup point. ...more
21Shares |
21Shares Crypto Relative Risk vs. Return Landscape
If you would invest 1,839 in 21Shares Crypto Basket on September 2, 2024 and sell it today you would earn a total of 1,330 from holding 21Shares Crypto Basket or generate 72.32% return on investment over 90 days. 21Shares Crypto Basket is generating 0.8873% of daily returns and assumes 3.4966% volatility on return distribution over the 90 days horizon. Simply put, 31% of etfs are less volatile than 21Shares, and 83% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
21Shares Crypto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21Shares Crypto's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 21Shares Crypto Basket, and traders can use it to determine the average amount a 21Shares Crypto'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 = 0.2538
| Best Portfolio | Best Equity | |||
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| Small Returns | HODLX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average 21Shares Crypto is performing at about 19% 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 appears to be risky and price may revert if volatility continues |