21shares Core Ethereum Etf Price on September 27, 2024
| CETH Etf | USD 17.93 0.23 1.27% |
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 Core stands at 17.93, as last reported on the 30th of November, with the highest price reaching 18.26 and the lowest price hitting 17.93 during the day. 21shares Core appears to be somewhat reliable, given 3 months investment horizon. 21shares Core Ethereum secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the etf had a 0.16% return per unit of standard deviation over the last 3 months. By examining 21shares Core's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of 21shares Core's Coefficient Of Variation of 669.37, semi deviation of 2.86, and Mean Deviation of 3.19 to double-check if our risk estimates are consistent with your expectations.
21shares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
21shares |
Sharpe Ratio = 0.1625
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Estimated Market Risk
| 4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average 21shares Core is performing at about 12% 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 Core by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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21shares Core Valuation on September 27, 2024
It is possible to determine the worth of 21shares Core on a given historical date. On September 27, 2024 21shares was worth 13.31 at the beginning of the trading date compared to the closed value of 13.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 21shares Core etf. Still, in general, we apply an absolute valuation method to find 21shares Core'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 Core where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 21shares Core's related companies.
| Open | High | Low | Close | Volume | |
| 13.12 | 13.34 | 13.08 | 13.26 | 198,200 | |
09/27/2024 | 13.31 | 13.62 | 13.23 | 13.51 | 509,100 |
| 13.17 | 13.17 | 12.88 | 12.98 | 58,300 |
| Backtest 21shares Core | | | 21shares Core History | | | 21shares Core Valuation | Previous | Next |
21shares Core Trading Date Momentum on September 27, 2024
| On September 30 2024 21shares Core Ethereum was traded for 12.98 at the closing time. The top price for the day was 13.17 and the lowest listed price was 12.88 . The trading volume for the day was 58.3 K. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.92% . The daily price change against the current closing price is 8.36% . |
About 21shares Core Etf history
21shares Core investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for 21shares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 21shares Core Ethereum will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing 21shares Core stock prices may prove useful in developing a viable investing in 21shares Core
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21shares Core Etf Technical Analysis
21shares Core technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
21shares Core Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
21shares Core Ethereum cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. 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 Core November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how 21shares Core 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 Core shares will generate the highest return on investment. By undertsting and applying 21shares Core etf market strength indicators, traders can identify 21shares Core Ethereum entry and exit signals to maximize returns
21shares Core Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 21shares Core'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.
| Risk Adjusted Performance | 0.1224 | |||
| Jensen Alpha | 0.2461 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1557 | |||
| Treynor Ratio | 0.2118 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.