21Shares Cardano (Switzerland) Price History

AADA Etf  USD 16.59  0.09  0.55%   
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 Cardano stands at 16.59, as last reported on the 3rd of February, with the highest price reaching 16.63 and the lowest price hitting 16.50 during the day. 21Shares Cardano is moderately volatile given 3 months investment horizon. 21Shares Cardano ETP secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the etf had a 0.24 % return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.38% are justified by taking the suggested risk. Use 21Shares Cardano mean deviation of 6.85, and Coefficient Of Variation of 460.95 to evaluate company specific risk that cannot be diversified away.
  
21Shares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2386

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Estimated Market Risk

 9.96
  actual daily
88
88% of assets are less volatile

Expected Return

 2.38
  actual daily
47
53% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average 21Shares Cardano is performing at about 18% 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 Cardano by adding it to a well-diversified portfolio.

21Shares Cardano Etf Price History Chart

There are several ways to analyze 21Shares Cardano ETP Etf price data. The simplest method is using a basic 21Shares candlestick price chart, which shows 21Shares Cardano price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 5, 202420.71
Lowest PriceNovember 4, 20245.38

21Shares Cardano February 3, 2025 Etf Price Synopsis

Various analyses of 21Shares Cardano's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell 21Shares Etf. It can be used to describe the percentage change in the price of 21Shares Cardano from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of 21Shares Etf.
21Shares Cardano Price Action Indicator 0.07 
21Shares Cardano Price Rate Of Daily Change 1.01 
21Shares Cardano Price Daily Balance Of Power 0.69 

21Shares Cardano February 3, 2025 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in 21Shares Cardano ETP Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use 21Shares Cardano intraday prices and daily technical indicators to check the level of noise trading in 21Shares Cardano ETP Etf and then apply it to test your longer-term investment strategies against 21Shares.

21Shares Etf Price History Data

The price series of 21Shares Cardano for the period between Tue, Nov 5, 2024 and Mon, Feb 3, 2025 has a statistical range of 15.33 with a coefficient of variation of 33.13. The prices are distributed with arithmetic mean of 14.29. The median price for the last 90 days is 15.97.
OpenHighLowCloseVolume
02/03/2025
 16.61  16.63  16.50  16.59 
01/31/2025 16.61  16.63  16.50  16.59  325.00 
01/30/2025 16.50  16.50  16.50  16.50  300.00 
01/29/2025 15.72  15.72  15.70  15.70  1,000.00 
01/28/2025 16.29  16.43  16.29  16.43  450.00 
01/27/2025 15.50  15.50  15.50  15.50  1.00 
01/24/2025 17.01  17.01  17.01  17.01  300.00 
01/23/2025 16.25  16.25  16.25  16.25  50.00 
01/22/2025 16.90  16.90  16.90  16.90  500.00 
01/21/2025 16.61  17.16  16.61  17.16  1,200 
01/20/2025 17.87  17.87  17.87  17.87  1.00 
01/17/2025 19.14  19.14  18.92  18.92  1,020 
01/16/2025 18.22  18.86  18.22  18.78  967.00 
01/15/2025 17.99  17.99  17.99  17.99  1.00 
01/14/2025 16.55  16.55  16.55  16.55  1.00 
01/13/2025 15.75  15.75  15.75  15.75  1.00 
01/10/2025 15.65  15.65  15.65  15.65  1.00 
01/09/2025 15.75  15.75  15.02  15.02  1,015 
01/08/2025 16.49  16.49  16.49  16.49  2,500 
01/07/2025 18.15  18.15  18.15  18.15  3,662 
01/06/2025 18.46  18.89  18.46  18.89  2,348 
01/03/2025 17.56  18.55  17.56  18.55  2,320 
12/30/2024 14.71  14.71  14.15  14.15  1,020 
12/27/2024 14.78  14.78  14.78  14.78  1.00 
12/23/2024 15.19  15.19  14.78  14.78  3,430 
12/20/2024 15.01  15.01  13.20  14.80  3,323 
12/19/2024 16.11  16.11  15.47  15.55  965.00 
12/18/2024 17.23  17.35  17.05  17.05  1,000.00 
12/17/2024 17.97  17.97  17.97  17.97  1.00 
12/16/2024 17.81  17.81  17.81  17.81  10.00 
12/13/2024 18.62  18.62  18.62  18.62  1.00 
12/12/2024 19.37  19.50  19.37  19.50  1,636 
12/11/2024 16.87  18.11  16.87  18.11  5,815 
12/10/2024 16.79  16.79  15.80  15.80  1,955 
12/09/2024 19.29  19.29  19.29  19.29  20.00 
12/06/2024 20.02  20.02  19.16  19.28  2,484 
12/05/2024 20.77  20.77  20.71  20.71  850.00 
12/04/2024 20.61  20.61  20.00  20.00  1,250 
12/03/2024 19.89  19.89  19.89  19.89  1.00 
12/02/2024 18.00  18.12  18.00  18.12  349.00 
11/29/2024 17.25  18.02  17.25  18.02  737.00 
11/28/2024 16.68  16.68  16.40  16.40  80.00 
11/27/2024 16.35  16.98  16.35  16.98  400.00 
11/26/2024 16.01  16.01  15.00  15.01  2,302 
11/25/2024 17.77  17.77  16.91  16.91  6,369 
11/22/2024 14.90  15.97  14.90  15.97  1,518 
11/21/2024 12.80  12.97  12.80  12.97  1,325 
11/20/2024 13.48  14.10  13.48  14.10  3,390 
11/19/2024 12.21  12.21  12.21  12.21  1.00 
11/18/2024 12.59  12.75  12.21  12.21  5,850 
11/15/2024 9.86  11.48  9.86  11.48  3,005 
11/14/2024 9.70  9.70  9.68  9.68  600.00 
11/13/2024 9.65  9.65  9.65  9.65  3,750 
11/12/2024 10.24  10.24  9.00  9.00  444.00 
11/11/2024 9.62  9.98  9.57  9.98  13,099 
11/08/2024 7.08  7.23  7.08  7.23  1,376 
11/07/2024 6.35  6.35  6.35  6.35  600.00 
11/06/2024 5.77  5.77  5.77  5.77  1.00 
11/05/2024 5.38  5.38  5.38  5.38  1.00 
11/04/2024 5.38  5.38  5.38  5.38  7,426 
11/01/2024 5.64  5.64  5.64  5.64  80.00 

About 21Shares Cardano Etf history

21Shares Cardano 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 Cardano ETP 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 Cardano stock prices may prove useful in developing a viable investing in 21Shares Cardano

21Shares Cardano Etf Technical Analysis

21Shares Cardano 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.
A focus of 21Shares Cardano technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 21Shares Cardano trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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21Shares Cardano Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 21Shares Cardano'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.

Other Information on Investing in 21Shares Etf

21Shares Cardano 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 Cardano security.