Almost exactly. And, more to the point: the "predictable reasons" involve predicting how many people will be unwilling to hold the assets because of the evil.

Almost exactly. And, more to the point: the "predictable reasons" involve predicting how many people will be unwilling to hold the assets because of the evil. The more people who are thus unwilling, the higher the predictions will be in future and the lower the price of the asset will go. Your choice whether to hold the assets affects the prediction.