Bitwise Funds Financial Statements From 2010 to 2025
| IMRA Etf | USD 17.03 0.06 0.35% |
Check Bitwise Funds financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bitwise Funds' 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 Funds Valuation or Volatility modules.
This module can also supplement various Bitwise Funds Technical models . Check out the analysis of Bitwise Funds Correlation against competitors. Bitwise Funds Trust ETF Price To Book Analysis
Bitwise Funds' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Bitwise Funds Price To Book | 1.97 X |
Most of Bitwise Funds' fundamental indicators, such as Price To Book, 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 Funds Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Bitwise Funds Trust has a Price To Book of 1.9686 times. This is much higher than that of the Healthcare family and significantly higher than that of the Derivative Income category. The price to book for all United States etfs is notably lower than that of the firm.
Bitwise Funds Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bitwise Funds's current stock value. Our valuation model uses many indicators to compare Bitwise Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bitwise Funds competition to find correlations between indicators driving Bitwise Funds's intrinsic value. More Info.Bitwise Funds Trust is considered the top ETF in price to book as compared to similar ETFs. It also is considered the top ETF in beta as compared to similar ETFs totaling about 0.55 of Beta per Price To Book. The ratio of Price To Book to Beta for Bitwise Funds Trust is roughly 1.82 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bitwise Funds' earnings, one of the primary drivers of an investment's value.About Bitwise Funds Financial Statements
Bitwise Funds stakeholders use historical fundamental indicators, such as Bitwise Funds' revenue or net income, to determine how well the company is positioned to perform in the future. Although Bitwise Funds investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bitwise Funds' assets and liabilities are reflected in the revenues and expenses on Bitwise Funds' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bitwise Funds Trust. Please read more on our technical analysis and fundamental analysis pages.
IMARA Inc., a clinical-stage biopharmaceutical company, develops and commercializes therapeutics for patients with rare genetic disorders of hemoglobin. IMARA Inc. was incorporated in 2016 and is headquartered in Boston, Massachusetts. IMARA operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 41 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Bitwise Funds Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitwise Funds' 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 Funds Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bitwise Funds Trust Etf:Check out the analysis of Bitwise Funds Correlation against competitors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Bitwise Funds Trust 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 Funds' value that differs from its market value or its book value, called intrinsic value, which is Bitwise Funds' 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 Funds' market value can be influenced by many factors that don't directly affect Bitwise Funds' 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 Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Funds' 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.