Bitwise Crypto Financial Statements From 2010 to 2025
| BITQ Etf | USD 18.15 0.21 1.14% |
Check Bitwise Crypto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bitwise Crypto's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bitwise financial statements analysis is a perfect complement when working with Bitwise Crypto Valuation or Volatility modules.
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Bitwise Crypto Industry ETF One Year Return Analysis
Bitwise Crypto's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Bitwise Crypto One Year Return | 105.20 % |
Most of Bitwise Crypto's fundamental indicators, such as One Year Return, 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, Bitwise Crypto Industry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Bitwise Crypto Industry has an One Year Return of 105%. This is much higher than that of the Exchange Traded Concepts family and significantly higher than that of the Digital Assets category. The one year return for all United States etfs is notably lower than that of the firm.
About Bitwise Crypto Financial Statements
Bitwise Crypto 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 Bitwise Crypto investors may analyze each financial statement separately, they are all interrelated. The changes in Bitwise Crypto's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bitwise Crypto's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The index was designed by Bitwise Index Services, LLC to measure the performance of companies involved in servicing the cryptocurrency markets, including crypto mining firms, crypto mining equipment suppliers, crypto financial services companies, or other financial institutions servicing primarily crypto-related clientele . Bitwise Crypto is traded on NYSEARCA Exchange in the United States.
Pair Trading with Bitwise Crypto
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 Bitwise Crypto 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 Bitwise Crypto will appreciate offsetting losses from the drop in the long position's value.Moving together with Bitwise Etf
| 0.64 | GBTC | Grayscale Bitcoin Trust | PairCorr |
| 0.75 | BITO | ProShares Bitcoin | PairCorr |
| 0.79 | BLOK | Amplify Transformational | PairCorr |
| 0.82 | BLCN | Siren Nasdaq NexGen | PairCorr |
The ability to find closely correlated positions to Bitwise Crypto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitwise Crypto 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 Bitwise Crypto - 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 Bitwise Crypto Industry to buy it.
The correlation of Bitwise Crypto 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 Bitwise Crypto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitwise Crypto Industry 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 Bitwise Crypto 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 Bitwise Crypto Correlation against competitors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Bitwise Crypto Industry 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 Crypto's value that differs from its market value or its book value, called intrinsic value, which is Bitwise Crypto'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 Crypto's market value can be influenced by many factors that don't directly affect Bitwise Crypto'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 Crypto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Crypto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Crypto'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.