Bitwise 10 Crypto Fund Price on February 21, 2024
| BITW Fund | USD 65.71 0.76 1.17% |
If you're considering investing in Bitwise OTC Fund, it is important to understand the factors that can impact its price. As of today, the current price of Bitwise 10 stands at 65.71, as last reported on the 16th of December 2024, with the highest price reaching 66.39 and the lowest price hitting 65.08 during the day. Bitwise 10 is very steady given 3 months investment horizon. Bitwise 10 Crypto secures Sharpe Ratio (or Efficiency) of 0.4, which signifies that the fund had a 0.4% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use Bitwise 10 Mean Deviation of 2.62, downside deviation of 2.49, and Risk Adjusted Performance of 0.2916 to evaluate company specific risk that cannot be diversified away.
Bitwise OTC Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitwise |
Sharpe Ratio = 0.4021
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Estimated Market Risk
| 3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
| 1.45 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.4 actual daily | 31 69% of assets perform better |
Based on monthly moving average Bitwise 10 is performing at about 31% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bitwise 10 by adding it to a well-diversified portfolio.
Bitwise 10 Valuation on February 21, 2024
It is possible to determine the worth of Bitwise 10 on a given historical date. On February 21, 2024 Bitwise was worth 24.42 at the beginning of the trading date compared to the closed value of 23.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitwise 10 otc fund. Still, in general, we apply an absolute valuation method to find Bitwise 10's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bitwise 10 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitwise 10's related companies.
| Open | High | Low | Close | Volume | |
| 23.99 | 25.30 | 23.92 | 25.06 | 179,700 | |
02/21/2024 | 24.42 | 24.77 | 23.63 | 23.76 | 63,900 |
| 23.63 | 23.95 | 23.19 | 23.84 | 76,300 |
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Bitwise 10 Trading Date Momentum on February 21, 2024
| On February 22 2024 Bitwise 10 Crypto was traded for 23.84 at the closing time. The top price for the day was 23.95 and the lowest listed price was 23.19 . The trading volume for the day was 76.3 K. The trading history from February 22, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 0.34% . The overall trading delta against the current closing price is 26.22% . |
About Bitwise 10 OTC Fund history
Bitwise 10 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bitwise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitwise 10 Crypto will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bitwise 10 stock prices may prove useful in developing a viable investing in Bitwise 10
Bitwise 10 OTC Fund Technical Analysis
Bitwise 10 technical otc fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Bitwise 10 Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Bitwise 10 Crypto cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Bitwise 10 December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Bitwise 10 otc fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitwise 10 shares will generate the highest return on investment. By undertsting and applying Bitwise 10 otc fund market strength indicators, traders can identify Bitwise 10 Crypto entry and exit signals to maximize returns
Bitwise 10 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitwise 10's price direction in advance. Along with the technical and fundamental analysis of Bitwise OTC Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitwise to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2916 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | 0.9472 | |||
| Sortino Ratio | 0.5228 | |||
| Treynor Ratio | 0.7294 |
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| Volume Indicators |
Other Information on Investing in Bitwise OTC Fund
Bitwise 10 financial ratios help investors to determine whether Bitwise OTC 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 Bitwise with respect to the benefits of owning Bitwise 10 security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |