21Shares Bitcoin (Switzerland) Buy Hold or Sell Recommendation
| ABTC-USD | USD 22.13 0.66 2.90% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding 21Shares Bitcoin ETP is 'Hold'. Macroaxis provides 21Shares Bitcoin buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ABTC-USD positions. The advice algorithm takes into account all of 21Shares Bitcoin's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting 21Shares Bitcoin's buy or sell advice are summarized below:
Real Value 21.51 | Hype Value 22.13 | Market Value 22.13 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell 21Shares Bitcoin ETP given historical horizon and risk tolerance towards 21Shares Bitcoin. When Macroaxis issues a 'buy' or 'sell' recommendation for 21Shares Bitcoin ETP, the advice is generated through an automated system that utilizes algorithms and statistical models.
21Shares |
Execute 21Shares Bitcoin Buy or Sell Advice
The 21Shares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on 21Shares Bitcoin ETP. Macroaxis does not own or have any residual interests in 21Shares Bitcoin ETP or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute 21Shares Bitcoin's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Solid | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
21Shares Bitcoin Trading Alerts and Improvement Suggestions
| 21Shares Bitcoin ETP appears to be risky and price may revert if volatility continues |
21Shares Bitcoin Returns Distribution Density
The distribution of 21Shares Bitcoin's historical returns is an attempt to chart the uncertainty of 21Shares Bitcoin's future price movements. The chart of the probability distribution of 21Shares Bitcoin daily returns describes the distribution of returns around its average expected value. We use 21Shares Bitcoin ETP price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of 21Shares Bitcoin returns is essential to provide solid investment advice for 21Shares Bitcoin.
| Mean Return | 0.77 | Value At Risk | -4.32 | Potential Upside | 8.03 | Standard Deviation | 3.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 21Shares Bitcoin historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
21Shares Bitcoin Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to 21Shares Bitcoin or 21Shares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that 21Shares Bitcoin's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a 21Shares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.72 | |
β | Beta against NYSE Composite | 0.51 | |
σ | Overall volatility | 3.64 | |
Ir | Information ratio | 0.19 |
21Shares Bitcoin Volatility Alert
21Shares Bitcoin ETP shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 21Shares Bitcoin's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 21Shares Bitcoin's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.21Shares Bitcoin Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as 21Shares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About 21Shares Bitcoin Buy or Sell Advice
When is the right time to buy or sell 21Shares Bitcoin ETP? Buying financial instruments such as 21Shares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having 21Shares Bitcoin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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Check out 21Shares Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Please note, there is a significant difference between 21Shares Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if 21Shares Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 21Shares Bitcoin'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.