21Shares Polkadot Financials

ADOT Etf  USD 4.34  1.14  35.62%   
Please use analysis of 21Shares Polkadot ETP fundamentals to determine if markets are correctly pricing the etf. We are able to interpolate and break down one available fundamental indicators for 21Shares Polkadot ETP, which can be compared to its peers. The etf experiences a very speculative upward sentiment. Check odds of 21Shares Polkadot to be traded at $5.43 in 90 days.
  
The data published in 21Shares Polkadot's official financial statements typically reflect 21Shares Polkadot's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving 21Shares Polkadot's quantitative information. For example, before you start analyzing numbers published by 21Shares accountants, it's essential to understand 21Shares Polkadot's liquidity, profitability, and earnings quality within the context of the 21Shares space in which it operates.
Please note, the imprecision that can be found in 21Shares Polkadot's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 21Shares Polkadot ETP. Check 21Shares Polkadot's Beneish M Score to see the likelihood of 21Shares Polkadot's management manipulating its earnings.
InstrumentSwitzerland Etf
ExchangeSIX Swiss Exchange
ISINCH0593331561
RegionOthers
Investment IssuerOthers
BenchmarkDow Jones Industrial
CurrencyUSD - US Dollar

21Shares Polkadot ETP Systematic Risk

21Shares Polkadot's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 21Shares Polkadot volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on 21Shares Polkadot ETP correlated with the market. If Beta is less than 0 21Shares Polkadot generally moves in the opposite direction as compared to the market. If 21Shares Polkadot Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 21Shares Polkadot ETP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 21Shares Polkadot is generally in the same direction as the market. If Beta > 1 21Shares Polkadot moves generally in the same direction as, but more than the movement of the benchmark.

21Shares Polkadot November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of 21Shares Polkadot help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 21Shares Polkadot ETP. We use our internally-developed statistical techniques to arrive at the intrinsic value of 21Shares Polkadot ETP based on widely used predictive technical indicators. In general, we focus on analyzing 21Shares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 21Shares Polkadot's daily price indicators and compare them against related drivers.

Other Information on Investing in 21Shares Etf

21Shares Polkadot 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 Polkadot security.