Grayscale Bitcoin Financial Statements From 2010 to 2026
| BCOR Etf | USD 28.57 0.52 1.85% |
Check Grayscale Bitcoin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grayscale Bitcoin's main balance sheet or income statement drivers, such as , as well as many indicators such as . Grayscale financial statements analysis is a perfect complement when working with Grayscale Bitcoin Valuation or Volatility modules.
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Grayscale Bitcoin Adopters ETF Beta Analysis
Grayscale Bitcoin's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Grayscale Bitcoin Beta | 1.24 |
Most of Grayscale Bitcoin's fundamental indicators, such as Beta, 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, Grayscale Bitcoin Adopters is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Grayscale Bitcoin Adopters has a Beta of 1.2393. This is much higher than that of the Capital Markets family and significantly higher than that of the Global Large-Stock Blend category. The beta for all United States etfs is notably lower than that of the firm.
Grayscale Bitcoin Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grayscale Bitcoin's current stock value. Our valuation model uses many indicators to compare Grayscale Bitcoin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grayscale Bitcoin competition to find correlations between indicators driving Grayscale Bitcoin's intrinsic value. More Info.Grayscale Bitcoin Adopters is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Grayscale Bitcoin Adopters is roughly 20.12 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Grayscale Bitcoin by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Grayscale Bitcoin Financial Statements
Grayscale Bitcoin shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Grayscale Bitcoin investors may analyze each financial statement separately, they are all interrelated. The changes in Grayscale Bitcoin's assets and liabilities, for example, are also reflected in the revenues and expenses on on Grayscale Bitcoin's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, tax professionals, financial advisors, and certified public accounting firms in the United States. Blucora, Inc. was founded in 1996 and is headquartered in Dallas, Texas. Blucora operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 1100 people.
Pair Trading with Grayscale Bitcoin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grayscale Bitcoin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grayscale Bitcoin will appreciate offsetting losses from the drop in the long position's value.Moving against Grayscale Etf
| 0.54 | IOO | iShares Global 100 | PairCorr |
| 0.54 | GLOV | Goldman Sachs ActiveBeta | PairCorr |
| 0.52 | JEPI | JPMorgan Equity Premium Sell-off Trend | PairCorr |
| 0.47 | VTV | Vanguard Value Index Sell-off Trend | PairCorr |
| 0.35 | SPGM | SPDR Portfolio MSCI | PairCorr |
The ability to find closely correlated positions to Grayscale Bitcoin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grayscale Bitcoin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grayscale Bitcoin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grayscale Bitcoin Adopters to buy it.
The correlation of Grayscale Bitcoin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grayscale Bitcoin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grayscale Bitcoin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Grayscale Bitcoin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Grayscale Bitcoin Correlation against competitors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Grayscale Bitcoin is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Grayscale 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 Grayscale Bitcoin's market value can be influenced by many factors that don't directly affect Grayscale 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 Grayscale Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale 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.