21shares Core Ethereum Etf Performance
| CETH Etf | USD 18.16 1.58 9.53% |
The entity shows a Beta (market volatility) of 2.89, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 21shares Core will likely underperform.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in 21shares Core Ethereum are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite fairly inconsistent basic indicators, 21shares Core demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
21shares |
21shares Core Relative Risk vs. Return Landscape
If you would invest 1,253 in 21shares Core Ethereum on August 30, 2024 and sell it today you would earn a total of 563.00 from holding 21shares Core Ethereum or generate 44.93% return on investment over 90 days. 21shares Core Ethereum is currently generating 0.6792% in daily expected returns and assumes 4.3015% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of etfs are less volatile than 21shares, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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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 = 0.1579
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.3 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average 21shares Core is performing at about 12% 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 Core by adding it 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 appears to be risky and price may revert if volatility continues | |
| 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.