Wrapped Bitcoin Financials
| WBTC Crypto | USD 96,319 1,026 1.05% |
Wrapped |
Please note, the presentation of Wrapped Bitcoin'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, Wrapped Bitcoin's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Wrapped Bitcoin's management manipulating its earnings.
Wrapped Bitcoin Crypto Summary
Wrapped Bitcoin competes with XRP, Solana, Staked Ether, Sui, and Toncoin. Wrapped Bitcoin is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Wrapped Bitcoin Systematic Risk
Wrapped Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wrapped Bitcoin 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.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Wrapped Bitcoin correlated with the market. If Beta is less than 0 Wrapped Bitcoin generally moves in the opposite direction as compared to the market. If Wrapped Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wrapped Bitcoin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wrapped Bitcoin is generally in the same direction as the market. If Beta > 1 Wrapped Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
Wrapped Bitcoin Thematic Clasifications
Wrapped Bitcoin is part of USD Crypto Fund investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors.
This theme covers Cryptocurrency traded in US dollars. Fund from digital currency traded on multiple global exchanges in US dollors. . Get More Thematic Ideas
| USD Crypto Fund | View |
Wrapped Bitcoin November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Wrapped Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wrapped Bitcoin. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wrapped Bitcoin based on widely used predictive technical indicators. In general, we focus on analyzing Wrapped Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wrapped Bitcoin's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.6 | |||
| Information Ratio | 0.201 | |||
| Maximum Drawdown | 20.61 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 6.4 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrapped Bitcoin. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.