Idx Risk Managed Bitcoin Fund Fundamentals
| BTIDX Fund | USD 9.89 0.18 1.85% |
Idx Risk Managed Bitcoin fundamentals help investors to digest information that contributes to Idx Risk's financial success or failures. It also enables traders to predict the movement of Idx Mutual Fund. The fundamental analysis module provides a way to measure Idx Risk's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Idx Risk mutual fund.
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Idx Risk Managed Bitcoin Mutual Fund Net Asset Analysis
Idx Risk's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Idx Risk Net Asset | 56.21 M |
Most of Idx Risk's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Idx Risk Managed Bitcoin is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Idx Risk Managed Bitcoin has a Net Asset of 56.21 M. This is much higher than that of the IDX funds family and significantly higher than that of the Digital Assets category. The net asset for all United States funds is notably lower than that of the firm.
Idx Risk Managed Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Idx Risk's current stock value. Our valuation model uses many indicators to compare Idx Risk value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Idx Risk competition to find correlations between indicators driving Idx Risk's intrinsic value. More Info.Idx Risk Managed Bitcoin is the top fund in year to date return among similar funds. It also is the top fund in one year return among similar funds reporting about 0.92 of One Year Return per Year To Date Return. The ratio of Year To Date Return to One Year Return for Idx Risk Managed Bitcoin is roughly 1.09 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Idx Risk's earnings, one of the primary drivers of an investment's value.Idx Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Idx Risk's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Idx Risk could also be used in its relative valuation, which is a method of valuing Idx Risk by comparing valuation metrics of similar companies.Idx Risk is currently under evaluation in net asset among similar funds.
Idx Fundamentals
| Total Asset | 56.21 M | ||||
| Year To Date Return | 51.99 % | ||||
| One Year Return | 47.81 % | ||||
| Three Year Return | 8.48 % | ||||
| Net Asset | 56.21 M |
About Idx Risk Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Idx Risk Managed Bitcoin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Idx Risk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Idx Risk Managed Bitcoin based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund adviser pursues its investment strategy through actively managed investments with direct or indirect exposure to bitcoin, ether, or other digital assets. The fund does not invest in bitcoin, ether, or other Digital Assets directly and will not invest in any Digital Assets that are traded OTC, such as pooled investment vehicles or other OTC trusts. The fund is non-diversified.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Idx Mutual Fund
Idx Risk financial ratios help investors to determine whether Idx 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 Idx with respect to the benefits of owning Idx Risk security.
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