CoinShares International (Sweden) Price on May 30, 2023
If you're considering investing in CoinShares Stock, it is important to understand the factors that can impact its price. CoinShares International appears to be very steady, given 3 months investment horizon. CoinShares International secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing CoinShares International's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please makes use of CoinShares International's Downside Deviation of 3.42, risk adjusted performance of 0.1277, and Mean Deviation of 2.85 to double-check if our risk estimates are consistent with your expectations.
CoinShares Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CoinShares |
Sharpe Ratio = 0.1645
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Estimated Market Risk
| 4.1 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.67 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 CoinShares International 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 CoinShares International by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
CoinShares International Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
CoinShares International cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
CoinShares International December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how CoinShares International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CoinShares International shares will generate the highest return on investment. By undertsting and applying CoinShares International stock market strength indicators, traders can identify CoinShares International entry and exit signals to maximize returns
CoinShares International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CoinShares International's price direction in advance. Along with the technical and fundamental analysis of CoinShares Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CoinShares 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 | 0.1277 | |||
| Jensen Alpha | 0.6939 | |||
| Total Risk Alpha | 0.0899 | |||
| Sortino Ratio | 0.1642 | |||
| Treynor Ratio | (2.24) |
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Additional Tools for CoinShares Stock Analysis
When running CoinShares International's price analysis, check to measure CoinShares International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoinShares International is operating at the current time. Most of CoinShares International's value examination focuses on studying past and present price action to predict the probability of CoinShares International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoinShares International's price. Additionally, you may evaluate how the addition of CoinShares International to your portfolios can decrease your overall portfolio volatility.