Bitcoin Roic from 2010 to 2026
| QBTC Stock | 119.80 1.95 1.60% |
ROIC | First Reported 2010-12-31 | Previous Quarter (2.52) | Current Value (2.39) | Quarterly Volatility 1.32251295 |
Check Bitcoin Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bitcoin Fund's main balance sheet or income statement drivers, such as Interest Income of 2.6 K, Depreciation And Amortization of 167.8 K or Interest Expense of 258.4 K, as well as many indicators such as Price To Sales Ratio of 9.47, Dividend Yield of 0.0 or PTB Ratio of 1.24. Bitcoin financial statements analysis is a perfect complement when working with Bitcoin Fund Valuation or Volatility modules.
Bitcoin | Roic |
Latest Bitcoin Fund's Roic Growth Pattern
Below is the plot of the Roic of Bitcoin Fund Unit over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Bitcoin Fund's ROIC historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bitcoin Fund's overall financial position and show how it may be relating to other accounts over time.
| Roic | 10 Years Trend |
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Roic |
| Timeline |
Bitcoin Roic Regression Statistics
| Arithmetic Mean | (0.31) | |
| Coefficient Of Variation | (423.12) | |
| Mean Deviation | 1.17 | |
| Median | 0.52 | |
| Standard Deviation | 1.32 | |
| Sample Variance | 1.75 | |
| Range | 3.0423 | |
| R-Value | (0.80) | |
| Mean Square Error | 0.67 | |
| R-Squared | 0.64 | |
| Significance | 0.0001 | |
| Slope | (0.21) | |
| Total Sum of Squares | 27.98 |
Bitcoin Roic History
About Bitcoin Fund Financial Statements
Bitcoin Fund investors utilize fundamental indicators, such as Roic, to predict how Bitcoin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| ROIC | (2.52) | (2.39) |
Pair Trading with Bitcoin Fund
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 Bitcoin Fund 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 Bitcoin Fund will appreciate offsetting losses from the drop in the long position's value.Moving against Bitcoin Stock
The ability to find closely correlated positions to Bitcoin Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitcoin Fund 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 Bitcoin Fund - 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 Bitcoin Fund Unit to buy it.
The correlation of Bitcoin Fund 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 Bitcoin Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitcoin Fund Unit 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 Bitcoin Fund 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.Other Information on Investing in Bitcoin Stock
Bitcoin Fund financial ratios help investors to determine whether Bitcoin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bitcoin with respect to the benefits of owning Bitcoin Fund security.