21shares Core Ethereum Etf Performance
| CETH Etf | USD 9.34 1.44 13.36% |
The entity shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 21shares Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding 21shares Core is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days 21shares Core Ethereum has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Etf's basic indicators remain fairly strong which may send shares a bit higher in April 2025. The recent confusion may also be a sign of long-lasting up-swing for the Etf traders. ...more
21shares |
21shares Core Relative Risk vs. Return Landscape
If you would invest 1,824 in 21shares Core Ethereum on December 10, 2024 and sell it today you would lose (890.00) from holding 21shares Core Ethereum or give up 48.79% of portfolio value over 90 days. 21shares Core Ethereum is currently does not generate positive expected returns and assumes 4.6127% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of etfs are less volatile than 21shares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
21shares Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21shares Core's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 21shares Core Ethereum, and traders can use it to determine the average amount a 21shares Core's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2166
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| Negative Returns | CETH |
Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| -1.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 21shares Core is not performing at its full potential. However, 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 21shares Core to a well-diversified portfolio.
21shares Core Fundamentals Growth
21shares Etf prices reflect investors' perceptions of the future prospects and financial health of 21shares Core, and 21shares Core fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on 21shares Etf performance.
| Profit Margin | 1.77 % | |||
| Operating Margin | 9.44 % | |||
| Current Valuation | 12.11 M | |||
| Shares Outstanding | 190 M | |||
| Price To Book | 2.00 X | |||
| Price To Sales | 1.61 X | |||
| Revenue | 4.73 M | |||
| EBITDA | 661.22 K | |||
| Cash And Equivalents | 4.87 K | |||
| Total Debt | 4.52 M | |||
| Debt To Equity | 119.10 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | 873.13 K | |||
| Total Asset | 16.48 M | |||
| Retained Earnings | 2.32 M | |||
| Current Asset | 10.27 M | |||
| Current Liabilities | 12.69 M |
About 21shares Core Performance
By evaluating 21shares Core's fundamental ratios, stakeholders can gain valuable insights into 21shares Core's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 21shares Core has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if 21shares Core has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
China Energy Technology Corp., Ltd. designs, manufactures, and sells solar water heaters and related solar products. China Energy Technology Corp., Ltd. was founded in 2009 and is based in Bengbu, China. China Energy is traded on OTC Market in USA.| 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 |
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.