21shares Core Ethereum Etf Buy Hold or Sell Recommendation
| CETH Etf | USD 13.21 0.07 0.53% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding 21shares Core Ethereum is 'Strong Sell'. The recommendation algorithm takes into account all of 21shares Core's available fundamental, technical, and predictive indicators you will find on this site.
Check out 21shares Core 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 Core Ethereum. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
21shares |
Execute 21shares Core 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 Core Ethereum. Macroaxis does not own or have any residual interests in 21shares Core Ethereum or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 21shares Core's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
21shares Core Trading Alerts and Improvement Suggestions
| 21shares Core generated a negative expected return over the last 90 days | |
| 21shares Core has high historical volatility and very poor performance | |
| 21shares Core has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| 21shares Core Ethereum currently holds 4.52 M in liabilities with Debt to Equity (D/E) ratio of 119.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. 21shares Core Ethereum has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist 21shares Core until it has trouble settling it off, either with new capital or with free cash flow. So, 21shares Core's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like 21shares Core Ethereum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 21shares to invest in growth at high rates of return. When we think about 21shares Core's use of debt, we should always consider it together with cash and equity. | |
| About 93.0% of 21shares Core shares are held by company insiders |
21shares Core Returns Distribution Density
The distribution of 21shares Core's historical returns is an attempt to chart the uncertainty of 21shares Core's future price movements. The chart of the probability distribution of 21shares Core daily returns describes the distribution of returns around its average expected value. We use 21shares Core Ethereum price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 21shares Core returns is essential to provide solid investment advice for 21shares Core.
| Mean Return | -0.53 | Value At Risk | -8.08 | Potential Upside | 6.06 | Standard Deviation | 4.54 |
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 Core 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 Core 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 Core or Digital Assets 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 Core'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 | -0.54 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 4.53 | |
Ir | Information ratio | -0.12 |
21shares Core Volatility Alert
21shares Core Ethereum exhibits very low volatility with skewness of -1.09 and kurtosis of 2.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 21shares Core'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 Core'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 Core Fundamentals Vs Peers
Comparing 21shares Core'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 Core's direct or indirect competition across all of the common fundamentals between 21shares Core and the related equities. This way, we can detect undervalued stocks with similar characteristics as 21shares Core or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of 21shares Core's fundamental indicators could also be used in its relative valuation, which is a method of valuing 21shares Core by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 21shares Core to competition |
| Fundamentals | 21shares Core | Peer Average |
| Price To Book | 2.00 X | 0.39 X |
| Price To Sales | 1.61 X | 0.33 X |
21shares Core 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 Core Buy or Sell Advice
When is the right time to buy or sell 21shares Core Ethereum? 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.
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Check out 21shares Core 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. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of 21shares Core Ethereum is measured differently than its book value, which is the value of 21shares that is recorded on the company's balance sheet. Investors also form their own opinion of 21shares Core's value that differs from its market value or its book value, called intrinsic value, which is 21shares Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 21shares Core's market value can be influenced by many factors that don't directly affect 21shares Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 21shares Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if 21shares Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 21shares Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.