Bitcoin Strategy Profund Fund Probability of Future Mutual Fund Price Finishing Over 33.12
| BTCFX Fund | USD 31.88 1.24 3.74% |
Bitcoin |
Bitcoin Strategy Target Price Odds to finish over 33.12
The tendency of Bitcoin Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 33.12 or more in 90 days |
| 31.88 | 90 days | 33.12 | about 13.7 |
Based on a normal probability distribution, the odds of Bitcoin Strategy to move over $ 33.12 or more in 90 days from now is about 13.7 (This Bitcoin Strategy Profund probability density function shows the probability of Bitcoin Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Bitcoin Strategy Profund price to stay between its current price of $ 31.88 and $ 33.12 at the end of the 90-day period is about 6.04 .
Assuming the 90 days horizon Bitcoin Strategy Profund has a beta of -0.47 suggesting as returns on the benchmark increase, returns on holding Bitcoin Strategy are expected to decrease at a much lower rate. During a bear market, however, Bitcoin Strategy Profund is likely to outperform the market. Additionally Bitcoin Strategy Profund has an alpha of 0.6265, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitcoin Strategy Price Density |
| Price |
Predictive Modules for Bitcoin Strategy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitcoin Strategy Profund. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Bitcoin Strategy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitcoin Strategy is not an exception. The market had few large corrections towards the Bitcoin Strategy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bitcoin Strategy Profund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitcoin Strategy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 5.10 | |
Ir | Information ratio | 0.16 |
Bitcoin Strategy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bitcoin Strategy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitcoin Strategy Profund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bitcoin Strategy appears to be risky and price may revert if volatility continues | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Bitcoin Strategy Technical Analysis
Bitcoin Strategy's future price can be derived by breaking down and analyzing its technical indicators over time. Bitcoin Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitcoin Strategy Profund. In general, you should focus on analyzing Bitcoin Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Bitcoin Strategy Predictive Forecast Models
Bitcoin Strategy's time-series forecasting models is one of many Bitcoin Strategy's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bitcoin Strategy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Bitcoin Strategy Profund
Checking the ongoing alerts about Bitcoin Strategy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitcoin Strategy Profund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitcoin Strategy appears to be risky and price may revert if volatility continues | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Bitcoin Mutual Fund
Bitcoin Strategy financial ratios help investors to determine whether Bitcoin Mutual Fund 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 Strategy security.
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