Bitwise Funds Trust Etf Performance
| AETH Etf | 45.86 0.16 0.35% |
The etf shows a Beta (market volatility) of 2.95, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bitwise Funds will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Bitwise Funds Trust are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite fairly unsteady basic indicators, Bitwise Funds demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Bitwise |
Bitwise Funds Relative Risk vs. Return Landscape
If you would invest 3,158 in Bitwise Funds Trust on September 3, 2024 and sell it today you would earn a total of 1,412 from holding Bitwise Funds Trust or generate 44.71% return on investment over 90 days. Bitwise Funds Trust is currently generating 0.6655% in daily expected returns and assumes 4.254% risk (volatility on return distribution) over the 90 days horizon. In different words, 37% of etfs are less volatile than Bitwise, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Bitwise Funds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitwise Funds' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Bitwise Funds Trust, and traders can use it to determine the average amount a Bitwise Funds' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1564
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AETH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Bitwise Funds is performing at about 12% 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 Funds by adding it to a well-diversified portfolio.
About Bitwise Funds Performance
By evaluating Bitwise Funds' fundamental ratios, stakeholders can gain valuable insights into Bitwise Funds' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bitwise Funds has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bitwise Funds has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Bitwise Funds is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Bitwise Funds Trust appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitwise Funds Trust. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Bitwise Funds Trust is measured differently than its book value, which is the value of Bitwise that is recorded on the company's balance sheet. Investors also form their own opinion of Bitwise Funds' value that differs from its market value or its book value, called intrinsic value, which is Bitwise Funds' 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 Bitwise Funds' market value can be influenced by many factors that don't directly affect Bitwise Funds' 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 Bitwise Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Funds' 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.