21Shares Binance (Switzerland) Buy Hold or Sell Recommendation
| ABNB Etf | USD 57.13 0.58 1.01% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding 21Shares Binance BNB is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell 21Shares Binance BNB given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for 21Shares Binance BNB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out 21Shares Binance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as 21Shares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 21Shares Binance BNB. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.
21Shares |
Execute 21Shares Binance Buy or Sell Advice
The 21Shares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 21Shares Binance BNB. Macroaxis does not own or have any residual interests in 21Shares Binance BNB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 21Shares Binance's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Fair | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
21Shares Binance Trading Alerts and Improvement Suggestions
| 21Shares Binance BNB generated a negative expected return over the last 90 days | |
| 21Shares Binance BNB has high historical volatility and very poor performance | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
21Shares Binance Returns Distribution Density
The distribution of 21Shares Binance's historical returns is an attempt to chart the uncertainty of 21Shares Binance's future price movements. The chart of the probability distribution of 21Shares Binance daily returns describes the distribution of returns around its average expected value. We use 21Shares Binance BNB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 21Shares Binance returns is essential to provide solid investment advice for 21Shares Binance.
| Mean Return | -0.2 | Value At Risk | -8.46 | Potential Upside | 6.22 | Standard Deviation | 4.09 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 21Shares Binance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
21Shares Binance Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to 21Shares Binance or 21Shares AG sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that 21Shares Binance's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a 21Shares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 4.02 | |
Ir | Information ratio | -0.07 |
21Shares Binance Volatility Alert
21Shares Binance BNB exhibits very low volatility with skewness of -0.26 and kurtosis of 1.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 21Shares Binance's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 21Shares Binance's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.21Shares Binance Fundamentals Vs Peers
Comparing 21Shares Binance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze 21Shares Binance's direct or indirect competition across all of the common fundamentals between 21Shares Binance and the related equities. This way, we can detect undervalued stocks with similar characteristics as 21Shares Binance or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of 21Shares Binance's fundamental indicators could also be used in its relative valuation, which is a method of valuing 21Shares Binance by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 21Shares Binance to competition |
| Fundamentals | 21Shares Binance | Peer Average |
| Net Asset | 63.52 K | 2.29 B |
21Shares Binance Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 21Shares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About 21Shares Binance Buy or Sell Advice
When is the right time to buy or sell 21Shares Binance BNB? Buying financial instruments such as 21Shares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having 21Shares Binance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
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Other Information on Investing in 21Shares Etf
21Shares Binance 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 Binance security.