Bitwise Bitcoin is trading at 54.10 as of the 24th of November 2024, a 1.10 percent increase since the beginning of the trading day. The etf's open price was 53.51. Bitwise Bitcoin has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Bitwise Bitcoin ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2023 and ending today, the 24th of November 2024. Click here to learn more.
Bitwise Bitcoin is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Bitwise Bitcoin ETF
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bitwise Bitcoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Bitwise Bitcoin ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitwise Bitcoin'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 Bitwise Bitcoin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bitwise Bitcoin Etf:
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The market value of Bitwise Bitcoin ETF 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 Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Bitwise 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 Bitwise Bitcoin's market value can be influenced by many factors that don't directly affect Bitwise 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 Bitwise Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise 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.