Valkyrie Bitcoin Strategy Etf Performance
| BTF Etf | USD 23.64 1.70 7.75% |
The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Valkyrie Bitcoin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Valkyrie Bitcoin is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Valkyrie Bitcoin Strategy are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Valkyrie Bitcoin reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.12 |
Valkyrie |
Valkyrie Bitcoin Relative Risk vs. Return Landscape
If you would invest 1,554 in Valkyrie Bitcoin Strategy on August 30, 2024 and sell it today you would earn a total of 810.00 from holding Valkyrie Bitcoin Strategy or generate 52.12% return on investment over 90 days. Valkyrie Bitcoin Strategy is generating 0.7205% of daily returns assuming volatility of 3.6296% on return distribution over 90 days investment horizon. In other words, 32% of etfs are less volatile than Valkyrie, and above 86% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Valkyrie Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valkyrie Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Valkyrie Bitcoin Strategy, and traders can use it to determine the average amount a Valkyrie Bitcoin's 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 = 0.1985
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Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Valkyrie Bitcoin is performing at about 15% 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 Valkyrie Bitcoin by adding it to a well-diversified portfolio.
Valkyrie Bitcoin Fundamentals Growth
Valkyrie Etf prices reflect investors' perceptions of the future prospects and financial health of Valkyrie Bitcoin, and Valkyrie Bitcoin fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Valkyrie Etf performance.
| Return On Asset | 0.15 | |||
| Profit Margin | 666.16 % | |||
| Operating Margin | 14.24 % | |||
| Current Valuation | 396.36 M | |||
| Shares Outstanding | 12.34 M | |||
| Price To Earning | 6.94 X | |||
| Price To Book | 0.86 X | |||
| Price To Sales | 33.92 X | |||
| Revenue | 7.19 M | |||
| Cash And Equivalents | 830.95 K | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 68.12 M | |||
| Debt To Equity | 0.18 % | |||
| Cash Flow From Operations | 1.38 M | |||
| Earnings Per Share | 5.00 X | |||
| Total Asset | 18.15 M | |||
| Retained Earnings | 32.11 M | |||
About Valkyrie Bitcoin Performance
By analyzing Valkyrie Bitcoin's fundamental ratios, stakeholders can gain valuable insights into Valkyrie Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Valkyrie Bitcoin 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 Valkyrie Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and Collateral Investments. Valkyrie Bitcoin is traded on NASDAQ Exchange in the United States.| Valkyrie Bitcoin appears to be risky and price may revert if volatility continues | |
| Valkyrie Bitcoin Strategy has 68.12 M in debt with debt to equity (D/E) ratio of 0.18, which may show that the company is not taking advantage of profits from borrowing. Valkyrie Bitcoin Strategy has a current ratio of 0.03, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Valkyrie Bitcoin until it has trouble settling it off, either with new capital or with free cash flow. So, Valkyrie Bitcoin's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Valkyrie Bitcoin Strategy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Valkyrie to invest in growth at high rates of return. When we think about Valkyrie Bitcoin's use of debt, we should always consider it together with cash and equity. | |
| About 42.0% of Valkyrie Bitcoin shares are held by company insiders | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Strategy. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Valkyrie Bitcoin Strategy is measured differently than its book value, which is the value of Valkyrie that is recorded on the company's balance sheet. Investors also form their own opinion of Valkyrie Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Valkyrie Bitcoin'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 Valkyrie Bitcoin's market value can be influenced by many factors that don't directly affect Valkyrie Bitcoin'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 Valkyrie Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valkyrie Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valkyrie Bitcoin'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.