21Shares Aave (France) Price on June 28, 2024
| AAVE Etf | 39.91 2.05 4.89% |
If you're considering investing in 21Shares Etf, it is important to understand the factors that can impact its price. As of today, the current price of 21Shares Aave stands at 39.91, as last reported on the 7th of January, with the highest price reaching 40.31 and the lowest price hitting 38.40 during the day. 21Shares Aave is not too volatile given 3 months investment horizon. 21Shares Aave ETP secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the etf had a 0.23% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.82% are justified by taking the suggested risk. Use 21Shares Aave mean deviation of 5.79, and Coefficient Of Variation of 496.1 to evaluate company specific risk that cannot be diversified away.
21Shares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
21Shares |
Sharpe Ratio = 0.2253
| Best Portfolio | Best Equity | |||
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Estimated Market Risk
| 8.07 actual daily | 71 71% of assets are less volatile |
Expected Return
| 1.82 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average 21Shares Aave is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 21Shares Aave by adding it to a well-diversified portfolio.
21Shares Aave Valuation on June 28, 2024
It is possible to determine the worth of 21Shares Aave on a given historical date. On June 28, 2024 21Shares was worth 10.94 at the beginning of the trading date compared to the closed value of 10.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 21Shares Aave etf. Still, in general, we apply an absolute valuation method to find 21Shares Aave's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of 21Shares Aave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 21Shares Aave's related companies.
| Open | High | Low | Close | Volume | |
| 10.72 | 10.86 | 10.54 | 10.54 | 30.00 | |
06/28/2024 | 10.94 | 10.99 | 10.94 | 10.99 | 1.00 |
| 11.21 | 11.27 | 11.21 | 11.27 | 415.00 |
| Backtest 21Shares Aave | | | 21Shares Aave History | Previous | Next |
21Shares Aave Trading Date Momentum on June 28, 2024
| On July 01 2024 21Shares Aave ETP was traded for 11.27 at the closing time. The highest price during the trading period was 11.27 and the lowest recorded bid was listed for 11.21 . The volume for the day was 415. This history from July 1, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.55% . The daily price change to the current price is 16.38% . |
Price Boundaries
21Shares Aave Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
21Shares Aave ETP cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
21Shares Aave January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how 21Shares Aave etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 21Shares Aave shares will generate the highest return on investment. By undertsting and applying 21Shares Aave etf market strength indicators, traders can identify 21Shares Aave ETP entry and exit signals to maximize returns
21Shares Aave Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 21Shares Aave's price direction in advance. Along with the technical and fundamental analysis of 21Shares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 21Shares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.