21Shares Bitwise Financials
| KEYS Etf | USD 33.02 0.20 0.60% |
21Shares |
The data published in 21Shares Bitwise's official financial statements typically reflect 21Shares Bitwise'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 Bitwise's quantitative information. For example, before you start analyzing numbers published by 21Shares accountants, it's essential to understand 21Shares Bitwise's 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 Bitwise's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 21Shares Bitwise Select. Check 21Shares Bitwise's Beneish M Score to see the likelihood of 21Shares Bitwise's management manipulating its earnings.
21Shares Bitwise Etf Summary
21Shares Bitwise is traded on Switzerland Exchange in Switzerland.| Instrument | Switzerland Etf |
| Exchange | SIX Swiss Exchange |
| 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 Bitwise's current stock value. Our valuation model uses many indicators to compare 21Shares Bitwise value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 21Shares Bitwise competition to find correlations between indicators driving 21Shares Bitwise's intrinsic value. More Info.21Shares Bitwise Select is rated below average in one year return as compared to similar ETFs. It is rated second overall ETF in net asset as compared to similar ETFs making up about 234.37 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 Bitwise's earnings, one of the primary drivers of an investment's value.21Shares Bitwise Select Systematic Risk
21Shares Bitwise's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 21Shares Bitwise 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on 21Shares Bitwise Select correlated with the market. If Beta is less than 0 21Shares Bitwise generally moves in the opposite direction as compared to the market. If 21Shares Bitwise Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 21Shares Bitwise Select is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 21Shares Bitwise is generally in the same direction as the market. If Beta > 1 21Shares Bitwise moves generally in the same direction as, but more than the movement of the benchmark.
21Shares Bitwise February 7, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 21Shares Bitwise help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 21Shares Bitwise Select. We use our internally-developed statistical techniques to arrive at the intrinsic value of 21Shares Bitwise Select 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 Bitwise's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.82 | |||
| Information Ratio | 0.0951 | |||
| Maximum Drawdown | 19.32 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 6.32 |
Other Information on Investing in 21Shares Etf
21Shares Bitwise 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 Bitwise security.