Bitcoin ETF Financials
EBIT-U Etf | USD 36.23 0.37 1.03% |
Bitcoin |
The data published in Bitcoin ETF's official financial statements typically reflect Bitcoin ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Bitcoin ETF's quantitative information. For example, before you start analyzing numbers published by Bitcoin accountants, it's essential to understand Bitcoin ETF's liquidity, profitability, and earnings quality within the context of the Evolve Funds Group Inc space in which it operates.
Please note, the presentation of Bitcoin ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bitcoin ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bitcoin ETF's management manipulating its earnings.
Bitcoin ETF Etf Summary
Bitcoin ETF competes with IShares SPTSX, IShares Core, IShares Core, BMO Aggregate, and IShares Canadian. BITCOIN ETF is traded on Toronto Stock Exchange in Canada.Instrument | Canada Etf |
Exchange | Toronto Exchange |
ISIN | CA09175J1167 |
Region | Others |
Investment Issuer | Others |
Etf Family | Evolve Funds Group Inc |
Benchmark | Dow Jones Industrial |
Phone | NA |
Currency | USD - US Dollar |
Bitcoin ETF Systematic Risk
Bitcoin ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bitcoin ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Bitcoin ETF correlated with the market. If Beta is less than 0 Bitcoin ETF generally moves in the opposite direction as compared to the market. If Bitcoin ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bitcoin ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bitcoin ETF is generally in the same direction as the market. If Beta > 1 Bitcoin ETF moves generally in the same direction as, but more than the movement of the benchmark.
Bitcoin ETF December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bitcoin ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bitcoin ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bitcoin ETF based on widely used predictive technical indicators. In general, we focus on analyzing Bitcoin Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bitcoin ETF's daily price indicators and compare them against related drivers.
Downside Deviation | 2.53 | |||
Information Ratio | 0.2186 | |||
Maximum Drawdown | 18.38 | |||
Value At Risk | (4.06) | |||
Potential Upside | 6.39 |
Other Information on Investing in Bitcoin Etf
Bitcoin ETF financial ratios help investors to determine whether Bitcoin Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bitcoin with respect to the benefits of owning Bitcoin ETF security.