Invesco Galaxy Competition

BTCO Etf   84.13  3.83  4.35%   
Invesco Galaxy Bitcoin competes with ProShares Trust, IShares Ethereum, Volatility Shares, VanEck Ethereum, and Bitwise Ethereum; as well as few others. Analyzing Invesco Galaxy competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Invesco Galaxy to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Invesco Galaxy Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Invesco Galaxy competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Galaxy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
81.2684.1387.00
Details
Intrinsic
Valuation
LowRealHigh
76.8779.7492.54
Details
Naive
Forecast
LowNextHigh
82.9385.8088.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
87.2996.57105.85
Details

Invesco Galaxy Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco Galaxy and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco Galaxy Bitcoin does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPMMETA
TMETA
XOMF
TUBER
CRMMSFT
JPMUBER
  
High negative correlations   
MRKMETA
MRKT
MRKJPM
MRKUBER
FMETA
UBERMSFT

Invesco Galaxy Competition Risk-Adjusted Indicators

There is a big difference between Invesco Etf performing well and Invesco Galaxy ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Invesco Galaxy's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.32  0.28  0.18  0.75  1.37 
 3.22 
 7.11 
MSFT  0.99 (0.06) 0.00 (0.24) 0.00 
 2.20 
 10.31 
UBER  1.89  0.17  0.06 (2.66) 2.76 
 4.72 
 12.29 
F  1.34 (0.17) 0.00 (0.23) 0.00 
 2.46 
 10.97 
T  0.91  0.26  0.23  0.48  0.92 
 1.80 
 7.94 
A  1.07  0.11  0.10  0.15  1.03 
 2.81 
 6.12 
CRM  1.43 (0.06) 0.00 (0.08) 0.00 
 3.10 
 15.92 
JPM  0.90  0.10  0.08  0.13  1.20 
 1.92 
 6.85 
MRK  1.26 (0.10) 0.00 (1.17) 0.00 
 2.43 
 11.57 
XOM  0.94 (0.13) 0.00 (0.49) 0.00 
 1.76 
 5.69 

Invesco Galaxy Competitive Analysis

The better you understand Invesco Galaxy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco Galaxy's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco Galaxy's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BTCO MNRS EETH ETHA ETHD ETHE ETHT ETHU ETHV ETHW
 4.35 
 84.13 
Invesco
 0.39 
 20.82 
Grayscale
 6.13 
 44.29 
ProShares
 6.21 
 17.66 
IShares
 12.63 
 37.54 
ProShares
 6.35 
 19.47 
Grayscale
 12.11 
 9.00 
ProShares
 11.89 
 3.26 
Volatility
 6.20 
 34.18 
VanEck
 6.38 
 16.73 
Bitwise
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
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Trade Advice
(90 Days Macroaxis Advice)
One Year Return
Annual Yield
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Relative Strength Index
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Invesco Galaxy Competition Performance Charts

JavaScript chart by amCharts 3.21.15Dec2025FebJan 16Jan 21Jan 26Jan 31FebFeb 10Feb 15Feb 20Feb 25-60%-40%-20%0%20%40%60%80% Show all
JavaScript chart by amCharts 3.21.15Invesco Galaxy Bitcoin ProShares Trust iShares Ethereum Trust ProShares Trust Grayscale Ethereum Trust ProShares Trust Volatility Shares Trust VanEck Ethereum ETF Bitwise Ethereum ETF Dow Jones Industrial

Five steps to successful analysis of Invesco Galaxy Competition

Invesco Galaxy's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Invesco Galaxy Bitcoin in relation to its competition. Invesco Galaxy's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Invesco Galaxy in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Invesco Galaxy's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco Galaxy Bitcoin, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Invesco Galaxy position

In addition to having Invesco Galaxy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Invesco Galaxy Bitcoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Galaxy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Galaxy Bitcoin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Galaxy Bitcoin Etf:
Check out Invesco Galaxy Correlation with its peers.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Invesco Galaxy Bitcoin is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Galaxy's value that differs from its market value or its book value, called intrinsic value, which is Invesco Galaxy'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 Invesco Galaxy's market value can be influenced by many factors that don't directly affect Invesco Galaxy'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 Invesco Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Galaxy'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.

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