Xbtf Etf Price on June 15, 2023
XBTF Etf | USD 28.53 0.17 0.59% |
If you're considering investing in XBTF Etf, it is important to understand the factors that can impact its price. As of today, the current price of XBTF stands at 28.53, as last reported on the 26th of December, with the highest price reaching 28.70 and the lowest price hitting 28.40 during the day. We have found thirty technical indicators for XBTF, which you can use to evaluate the volatility of the entity. Please check out XBTF's insignificant Market Risk Adjusted Performance, downside deviation of 3.0, and Mean Deviation of 2.26 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
XBTF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average XBTF is not performing at its full potential. However, 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 XBTF by adding XBTF to a well-diversified portfolio.
XBTF Valuation on June 15, 2023
It is possible to determine the worth of XBTF on a given historical date. On June 15, 2023 XBTF was worth 24.83 at the beginning of the trading date compared to the closed value of 25.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XBTF etf. Still, in general, we apply an absolute valuation method to find XBTF'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 XBTF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XBTF's related companies.
Open | High | Low | Close | Volume | |
25.78 | 25.79 | 25.59 | 25.61 | 13,838 | |
06/15/2023 | 24.83 | 25.23 | 24.61 | 25.17 | 27,526 |
25.42 | 26.26 | 25.27 | 26.17 | 20,044 |
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XBTF Trading Date Momentum on June 15, 2023
On June 16 2023 XBTF was traded for 26.17 at the closing time. The top price for the day was 26.26 and the lowest listed price was 25.27 . The trading volume for the day was 20 K. The trading history from June 16, 2023 was a factor to the next trading day price rise. The trading price change against the next closing price was 3.97% . The trading price change against the current closing price is 20.34% . |
About XBTF Etf history
XBTF 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 XBTF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XBTF 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 XBTF stock prices may prove useful in developing a viable investing in XBTF
The fund is an actively managed ETF that invests, under normal circumstances, in standardized, cash-settled bitcoin futures contracts traded on commodity exchanges registered with the Commodity Futures Trading Commission . Vaneck ETF is traded on BATS Exchange in the United States.
XBTF Etf Technical Analysis
XBTF 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.
Price Boundaries
XBTF Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
XBTF cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
XBTF December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how XBTF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XBTF shares will generate the highest return on investment. By undertsting and applying XBTF etf market strength indicators, traders can identify XBTF entry and exit signals to maximize returns
XBTF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XBTF's price direction in advance. Along with the technical and fundamental analysis of XBTF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of XBTF 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 | 0.0108 | |||
Jensen Alpha | 0.01 | |||
Total Risk Alpha | (0.13) | |||
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of XBTF is measured differently than its book value, which is the value of XBTF that is recorded on the company's balance sheet. Investors also form their own opinion of XBTF's value that differs from its market value or its book value, called intrinsic value, which is XBTF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because XBTF's market value can be influenced by many factors that don't directly affect XBTF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between XBTF's value and its price as these two are different measures arrived at by different means. Investors typically determine if XBTF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XBTF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.