21Shares Bitcoin (Switzerland) Statistic Functions Beta
| ABTC Etf | 28.71 2.92 11.32% |
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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on 21Shares Bitcoin ETP correlated with the market. If Beta is less than 0 21Shares Bitcoin generally moves in the opposite direction as compared to the market. If 21Shares Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 21Shares Bitcoin ETP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 21Shares Bitcoin is generally in the same direction as the market. If Beta > 1 21Shares Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
21Shares Bitcoin Technical Analysis Modules
Most technical analysis of 21Shares Bitcoin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for 21Shares from various momentum indicators to cycle indicators. When you analyze 21Shares charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested few shares | |
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