21shares Ripple Xrp Etf Equity Positions Weight
| AXRP Etf | CHF 36.52 0.97 2.59% |
21Shares Ripple XRP fundamentals help investors to digest information that contributes to 21Shares Ripple's financial success or failures. It also enables traders to predict the movement of 21Shares Etf. The fundamental analysis module provides a way to measure 21Shares Ripple's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 21Shares Ripple etf.
21Shares |
21Shares Ripple XRP ETF Equity Positions Weight Analysis
21Shares Ripple's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
According to the company disclosure, 21Shares Ripple XRP has an Equity Positions Weight of 0.0%. This indicator is about the same for the 21Shares AG average (which is currently at 0.0) family and about the same as Equity Positions Weight (which currently averages 0.0) category. This indicator is about the same for all Switzerland etfs average (which is currently at 0.0).
21Shares Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 21Shares Ripple's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of 21Shares Ripple could also be used in its relative valuation, which is a method of valuing 21Shares Ripple by comparing valuation metrics of similar companies.21Shares Ripple is currently under evaluation in equity positions weight as compared to similar ETFs.
21Shares Fundamentals
| Total Asset | 35.94 M | |||
| One Year Return | (69.88) % | |||
| Net Asset | 35.94 M |
About 21Shares Ripple Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 21Shares Ripple XRP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 21Shares Ripple using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 21Shares Ripple XRP based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.Other Information on Investing in 21Shares Etf
21Shares Ripple financial ratios help investors to determine whether 21Shares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 21Shares with respect to the benefits of owning 21Shares Ripple security.