21Shares Bitcoin (Switzerland) Performance
| ABTC-GBP | GBP 26.92 0.28 1.05% |
The entity shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 21Shares Bitcoin's returns are expected to increase less than the market. However, during the bear market, the loss of holding 21Shares Bitcoin is expected to be smaller as well.
Risk-Adjusted Performance
25 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 21Shares Bitcoin ETP are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. Despite somewhat abnormal basic indicators, 21Shares Bitcoin sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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21Shares Bitcoin Relative Risk vs. Return Landscape
If you would invest 1,492 in 21Shares Bitcoin ETP on September 14, 2024 and sell it today you would earn a total of 1,200 from holding 21Shares Bitcoin ETP or generate 80.43% return on investment over 90 days. 21Shares Bitcoin ETP is generating 0.9678% of daily returns and assumes 2.932% volatility on return distribution over the 90 days horizon. Simply put, 26% of etfs are less volatile than 21Shares, and 81% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 = 0.3301
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average 21Shares Bitcoin is performing at about 25% 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 Bitcoin by adding it 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.