21Shares Algorand (France) Price History

ALGO Etf   2.89  0.88  23.34%   
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 Algorand stands at 2.89, as last reported on the 30th of November, with the highest price reaching 2.98 and the lowest price hitting 2.82 during the day. 21Shares Algorand is out of control given 3 months investment horizon. 21Shares Algorand ETP secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the etf had a 0.2% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.73% are justified by taking the suggested risk. Use 21Shares Algorand mean deviation of 4.09, and Coefficient Of Variation of 528.01 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 = 0.2022

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Estimated Market Risk

 8.53
  actual daily
75
75% of assets are less volatile

Expected Return

 1.73
  actual daily
34
66% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average 21Shares Algorand is performing at about 15% 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 Algorand by adding it to a well-diversified portfolio.

21Shares Algorand Etf Price History Chart

There are several ways to analyze 21Shares Algorand ETP Etf price data. The simplest method is using a basic 21Shares candlestick price chart, which shows 21Shares Algorand 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 PriceNovember 29, 20243.77
Lowest PriceNovember 5, 20241.08

21Shares Algorand November 30, 2024 Etf Price Synopsis

Various analyses of 21Shares Algorand'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 Algorand 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 Algorand Price Action Indicator(0.45)
21Shares Algorand Price Rate Of Daily Change 0.77 
21Shares Algorand Price Daily Balance Of Power(5.50)

21Shares Algorand November 30, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in 21Shares Algorand 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 Algorand intraday prices and daily technical indicators to check the level of noise trading in 21Shares Algorand ETP Etf and then apply it to test your longer-term investment strategies against 21Shares.

21Shares Etf Price History Data

OpenHighLowCloseVolume
11/30/2024
 2.82  2.98  2.82  2.89 
11/29/2024 3.30  3.93  3.30  3.77  17,843 
11/28/2024 2.75  2.87  2.75  2.84  4,160 
11/27/2024 2.82  2.98  2.82  2.89  584.00 
11/26/2024 2.63  2.78  2.54  2.78  479.00 
11/25/2024 2.83  2.88  2.66  2.66  20,664 
11/22/2024 2.32  2.43  2.29  2.43  19,347 
11/21/2024 2.00  2.04  1.99  2.04  13,585 
11/20/2024 2.20  2.20  2.13  2.17  1,370 
11/19/2024 2.02  2.23  2.02  2.23  16,813 
11/18/2024 2.10  2.18  2.10  2.18  100.00 
11/15/2024 1.42  1.42  1.42  1.42  1.00 
11/14/2024 1.42  1.42  1.42  1.42  27,389 
11/13/2024 1.42  1.42  1.42  1.42  27,388 
11/12/2024 1.48  1.48  1.42  1.42  27,387 
11/11/2024 1.08  1.08  1.08  1.08  1.00 
11/08/2024 1.08  1.08  1.08  1.08  363.00 
11/07/2024 1.08  1.08  1.08  1.08  362.00 
11/06/2024 1.08  1.08  1.08  1.08  1.00 
11/05/2024 1.05  1.08  1.05  1.08  361.00 
11/04/2024 1.09  1.09  1.09  1.09  1.00 
11/01/2024 1.07  1.09  1.07  1.09  195.00 
10/31/2024 1.12  1.12  1.09  1.09  10.00 
10/30/2024 1.17  1.17  1.14  1.14  5.00 
10/29/2024 1.15  1.17  1.15  1.17  353.00 
10/28/2024 1.14  1.14  1.14  1.14  2,703 
10/25/2024 1.14  1.14  1.14  1.14  2,702 
10/24/2024 1.14  1.14  1.14  1.14  2,701 
10/23/2024 1.15  1.15  1.14  1.14  2,700 
10/22/2024 1.18  1.19  1.17  1.17  12,169 
10/21/2024 1.24  1.24  1.20  1.20  12,677 
10/18/2024 1.13  1.13  1.13  1.13  3,989 
10/17/2024 1.16  1.16  1.13  1.13  3,989 
10/16/2024 1.18  1.18  1.17  1.17  3,825 
10/15/2024 1.19  1.19  1.19  1.19  9,259 
10/14/2024 1.18  1.19  1.18  1.19  9,258 
10/11/2024 1.10  1.10  1.10  1.10  4.00 
10/10/2024 1.11  1.11  1.10  1.10  3.00 
10/09/2024 1.14  1.14  1.14  1.14  160.00 
10/08/2024 1.16  1.16  1.14  1.14  160.00 
10/07/2024 1.16  1.16  1.16  1.16  23,432 
10/04/2024 1.16  1.16  1.16  1.16  23,431 
10/03/2024 1.16  1.16  1.16  1.16  23,430 
10/02/2024 1.18  1.18  1.16  1.16  23,429 
10/01/2024 1.30  1.30  1.30  1.30  204.00 
09/30/2024 1.30  1.30  1.30  1.30  1.00 
09/27/2024 1.30  1.30  1.30  1.30  202.00 
09/26/2024 1.30  1.30  1.30  1.30  201.00 
09/25/2024 1.28  1.30  1.28  1.30  200.00 
09/24/2024 1.25  1.25  1.25  1.25  28.00 
09/23/2024 1.23  1.25  1.23  1.25  27.00 
09/20/2024 1.24  1.24  1.22  1.22  4.00 
09/19/2024 1.18  1.18  1.18  1.18  1.00 
09/18/2024 1.18  1.18  1.18  1.18  12,651 
09/17/2024 1.16  1.18  1.16  1.18  12,650 
09/16/2024 1.19  1.19  1.19  1.19  4,589 
09/13/2024 1.19  1.19  1.19  1.19  4,587 
09/12/2024 1.19  1.19  1.19  1.19  4,587 
09/11/2024 1.12  1.12  1.12  1.12  30.00 
09/10/2024 1.12  1.12  1.12  1.12  29.00 
09/09/2024 1.12  1.12  1.12  1.12  1.00 

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21Shares Algorand Technical and Predictive Indicators

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