21Shares Crypto (France) Performance
| ALTS Etf | 17.15 0.22 1.27% |
The entity shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 21Shares Crypto will likely underperform.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 21Shares Crypto Mid Cap are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 21Shares Crypto sustained 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 944.00 in 21Shares Crypto Mid Cap on September 3, 2024 and sell it today you would earn a total of 771.00 from holding 21Shares Crypto Mid Cap or generate 81.67% return on investment over 90 days. 21Shares Crypto Mid Cap is generating 0.9889% of daily returns and assumes 3.2899% volatility on return distribution over the 90 days horizon. Simply put, 29% 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 |
| 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 Mid Cap, 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 = 0.3006
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average 21Shares Crypto is performing at about 23% 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 Mid appears to be risky and price may revert if volatility continues |