21Shares Cosmos (France) Price on March 20, 2024
| ATOM Etf | 4.05 0.29 7.71% |
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 Cosmos stands at 4.05, as last reported on the 1st of December, with the highest price reaching 4.10 and the lowest price hitting 3.82 during the day. 21Shares Cosmos is very risky given 3 months investment horizon. 21Shares Cosmos Staking 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 thirty different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use 21Shares Cosmos coefficient of variation of 497.73, and Mean Deviation of 4.37 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 = 0.2269
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Estimated Market Risk
| 6.4 actual daily | 56 56% of assets are less volatile |
Expected Return
| 1.45 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average 21Shares Cosmos 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 Cosmos by adding it to a well-diversified portfolio.
21Shares Cosmos Valuation on March 20, 2024
It is possible to determine the worth of 21Shares Cosmos on a given historical date. On March 20, 2024 21Shares was worth 5.3 at the beginning of the trading date compared to the closed value of 5.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 21Shares Cosmos etf. Still, in general, we apply an absolute valuation method to find 21Shares Cosmos' 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 Cosmos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 21Shares Cosmos' related companies.
| Open | High | Low | Close | Volume | |
| 5.20 | 5.30 | 5.14 | 5.30 | 22.00 | |
03/20/2024 | 5.30 | 5.32 | 5.08 | 5.08 | 7,387 |
| 5.56 | 5.56 | 5.48 | 5.55 | 191.00 |
| Backtest 21Shares Cosmos | | | 21Shares Cosmos History | Previous | Next |
21Shares Cosmos Trading Date Momentum on March 20, 2024
| On March 21 2024 21Shares Cosmos Staking was traded for 5.55 at the closing time. The highest price during the trading period was 5.56 and the lowest recorded bid was listed for 5.48 . The volume for the day was 191. This history from March 21, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 9.25% . The daily price change to the current price is 3.54% . |
Price Boundaries
21Shares Cosmos Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
21Shares Cosmos Staking 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 Cosmos December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how 21Shares Cosmos 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 Cosmos shares will generate the highest return on investment. By undertsting and applying 21Shares Cosmos etf market strength indicators, traders can identify 21Shares Cosmos Staking entry and exit signals to maximize returns
21Shares Cosmos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 21Shares Cosmos' 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.