(HODL) 21Shares Crypto Basket - Ratings and Ratios

The 21Shares Crypto Basket Index ETP CHF, traded under the ticker symbol HODL, is an Exchange-Traded Product (ETP) that originates from Switzerland and falls under the category of Digital Assets. This product is designed to provide exposure to a basket of cryptocurrencies, allowing investors to diversify their holdings within the crypto market.

From a performance perspective, the product has shown volatility, as indicated by its Average True Range (ATR) of 0.21, which translates to a 1.22% daily price movement. The current price of 17.15 CHF is above its 20-day and 50-day Simple Moving Averages (SMA20 and SMA50) of 14.94 and 15.07, respectively, suggesting a positive short-term trend. However, it is slightly above its 200-day SMA of 16.29, indicating a relatively stable long-term trend.

In terms of Assets Under Management (AUM), the product has a substantial holding of 171.16 million CHF, indicating a considerable investor interest. To further evaluate its performance, key performance indicators (KPIs) such as the Sharpe Ratio, which measures risk-adjusted returns, and the tracking error against its underlying index, could provide more insights. Additionally, metrics like the expense ratio and trading volume would be essential in understanding the products cost efficiency and liquidity.

Investors considering HODL should also examine the composition of the crypto basket it tracks, the rebalancing methodology, and any associated fees. Understanding these elements is crucial for assessing the products potential for tracking its intended index and its suitability within an investment portfolio. Moreover, given the inherent volatility of the cryptocurrency market, investors should be prepared for potential fluctuations in the products value.