Bitcoin Etf Price on October 15, 2024

EBIT-U Etf  USD 35.86  0.37  1.02%   
If you're considering investing in Bitcoin Etf, it is important to understand the factors that can impact its price. As of today, the current price of Bitcoin ETF stands at 35.86, as last reported on the 14th of December 2024, with the highest price reaching 36.48 and the lowest price hitting 35.86 during the day. Bitcoin ETF appears to be not too volatile, given 3 months investment horizon. Bitcoin ETF secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the etf had a 0.28% return per unit of risk over the last 3 months. By analyzing Bitcoin ETF's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please makes use of Bitcoin ETF's Mean Deviation of 2.64, risk adjusted performance of 0.1812, and Downside Deviation of 2.5 to double-check if our risk estimates are consistent with your expectations.
  
Bitcoin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2762

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Estimated Market Risk

 3.43
  actual daily
30
70% of assets are more volatile

Expected Return

 0.95
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.28
  actual daily
21
79% of assets perform better
Based on monthly moving average Bitcoin ETF is performing at about 21% 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 Bitcoin ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

Bitcoin ETF Valuation on October 15, 2024

It is possible to determine the worth of Bitcoin ETF on a given historical date. On October 15, 2024 Bitcoin was worth 23.6 at the beginning of the trading date compared to the closed value of 23.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitcoin ETF etf. Still, in general, we apply an absolute valuation method to find Bitcoin ETF'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 Bitcoin ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitcoin ETF's related companies.
 Open High Low Close Volume
  22.00    22.72    21.99    22.56    3,474  
10/15/2024
  23.60    24.13    23.60    23.77    465.00  
  24.28    24.50    24.28    24.30    500.00  
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Open Value
23.6
23.77
Closing Value
33.90
Upside

Bitcoin ETF Trading Date Momentum on October 15, 2024

On October 16 2024 Bitcoin ETF was traded for  24.30  at the closing time. The highest price during the trading period was 24.50  and the lowest recorded bid was listed for  24.28 . The volume for the day was 500. This history from October 16, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.23% . The overall trading delta to the current price is 0.21% .

About Bitcoin ETF Etf history

Bitcoin ETF 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 Bitcoin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitcoin ETF 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 Bitcoin ETF stock prices may prove useful in developing a viable investing in Bitcoin ETF

Bitcoin ETF Etf Technical Analysis

Bitcoin ETF technical etf 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, etf market cycles, or different charting patterns.
A focus of Bitcoin ETF technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bitcoin ETF trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bitcoin ETF Period Price Range

Low
December 14, 2024
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High

 0.00 

     

 0.00 

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Bitcoin ETF December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Bitcoin ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitcoin ETF shares will generate the highest return on investment. By undertsting and applying Bitcoin ETF etf market strength indicators, traders can identify Bitcoin ETF entry and exit signals to maximize returns

Bitcoin ETF Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bitcoin ETF's price direction in advance. Along with the technical and fundamental analysis of Bitcoin Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitcoin 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.

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.