21Shares Binance (Switzerland) Market Value
| ABNB Etf | USD 56.95 0.34 0.59% |
| Symbol | 21Shares |
Please note, there is a significant difference between 21Shares Binance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 21Shares Binance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 21Shares Binance'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.
21Shares Binance 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to 21Shares Binance's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of 21Shares Binance.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in 21Shares Binance on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding 21Shares Binance BNB or generate 0.0% return on investment in 21Shares Binance over 180 days. 21Shares Binance is related to or competes with SPDR MSCI. 21Shares Binance is traded on Switzerland Exchange in Switzerland. More
21Shares Binance Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure 21Shares Binance's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess 21Shares Binance BNB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 20.2 | |||
| Value At Risk | (8.46) | |||
| Potential Upside | 6.22 |
21Shares Binance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21Shares Binance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 21Shares Binance's standard deviation. In reality, there are many statistical measures that can use 21Shares Binance historical prices to predict the future 21Shares Binance's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.33) |
21Shares Binance BNB Backtested Returns
21Shares Binance BNB secures Sharpe Ratio (or Efficiency) of -0.0561, which signifies that the etf had a -0.0561 % return per unit of risk over the last 3 months. 21Shares Binance BNB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 21Shares Binance's mean deviation of 2.92, and Variance of 16.6 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 21Shares Binance's returns are expected to increase less than the market. However, during the bear market, the loss of holding 21Shares Binance is expected to be smaller as well.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
21Shares Binance BNB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 21Shares Binance time series from 1st of July 2025 to 29th of September 2025 and 29th of September 2025 to 28th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 21Shares Binance BNB price movement. The serial correlation of -0.8 indicates that around 80.0% of current 21Shares Binance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 83.59 |
21Shares Binance BNB lagged returns against current returns
Autocorrelation, which is 21Shares Binance etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting 21Shares Binance's etf expected returns. We can calculate the autocorrelation of 21Shares Binance returns to help us make a trade decision. For example, suppose you find that 21Shares Binance has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
21Shares Binance regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If 21Shares Binance etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 21Shares Binance etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 21Shares Binance etf over time.
Current vs Lagged Prices |
| Timeline |
21Shares Binance Lagged Returns
When evaluating 21Shares Binance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 21Shares Binance etf have on its future price. 21Shares Binance autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, 21Shares Binance autocorrelation shows the relationship between 21Shares Binance etf current value and its past values and can show if there is a momentum factor associated with investing in 21Shares Binance BNB.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Binance 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 Binance security.