21Shares Tezos Financials
| AXTZ Etf | USD 7.66 0.41 5.66% |
21Shares |
The data published in 21Shares Tezos' official financial statements typically reflect 21Shares Tezos' 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 Tezos' quantitative information. For example, before you start analyzing numbers published by 21Shares accountants, it's essential to understand 21Shares Tezos' liquidity, profitability, and earnings quality within the context of the 21Shares AG space in which it operates.
Please note, the imprecision that can be found in 21Shares Tezos' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 21Shares Tezos staking. Check 21Shares Tezos' Beneish M Score to see the likelihood of 21Shares Tezos' management manipulating its earnings.
21Shares Tezos Etf Summary
21Shares Tezos competes with IShares Core, IShares Core, and Lyxor UCITS. 21Shares Tezos is traded on Switzerland Exchange in Switzerland.| Instrument | Switzerland Etf |
| Exchange | SIX Swiss Exchange |
| ISIN | CH0491507486 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | 21Shares AG |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
21Shares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 21Shares Tezos's current stock value. Our valuation model uses many indicators to compare 21Shares Tezos value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 21Shares Tezos competition to find correlations between indicators driving 21Shares Tezos's intrinsic value. More Info.21Shares Tezos staking is third largest ETF in one year return as compared to similar ETFs. It is fourth largest ETF in net asset as compared to similar ETFs making up about 2,096 of Net Asset per One Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 21Shares Tezos' earnings, one of the primary drivers of an investment's value.21Shares Tezos staking Systematic Risk
21Shares Tezos' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 21Shares Tezos 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.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on 21Shares Tezos staking correlated with the market. If Beta is less than 0 21Shares Tezos generally moves in the opposite direction as compared to the market. If 21Shares Tezos Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 21Shares Tezos staking is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 21Shares Tezos is generally in the same direction as the market. If Beta > 1 21Shares Tezos moves generally in the same direction as, but more than the movement of the benchmark.
21Shares Tezos November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 21Shares Tezos help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 21Shares Tezos staking. We use our internally-developed statistical techniques to arrive at the intrinsic value of 21Shares Tezos staking 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 Tezos's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.83 | |||
| Information Ratio | 0.1779 | |||
| Maximum Drawdown | 46.26 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 6.63 |
Other Information on Investing in 21Shares Etf
21Shares Tezos 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 Tezos security.