Ninepoint Bitcoin Financials

BITC-U Etf  USD 17.17  0.35  2.00%   
You can employ fundamental analysis to find out if Ninepoint Bitcoin ETF is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for one available fundamentals for Ninepoint Bitcoin, which can be compared to its peers in the industry. The etf experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Ninepoint Bitcoin to be traded at $16.65 in 90 days.
  
The data published in Ninepoint Bitcoin's official financial statements typically reflect Ninepoint Bitcoin's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Ninepoint Bitcoin's quantitative information. For example, before you start analyzing numbers published by Ninepoint accountants, it's essential to understand Ninepoint Bitcoin's liquidity, profitability, and earnings quality within the context of the Ninepoint space in which it operates.
Please note, the presentation of Ninepoint Bitcoin's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ninepoint Bitcoin's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ninepoint Bitcoin's management manipulating its earnings.

Ninepoint Bitcoin Etf Summary

Ninepoint Bitcoin competes with Ninepoint Bitcoin, Ninepoint Web3, Ninepoint Diversified, and NBI High. Ninepoint Bitcoin is entity of Canada. It is traded as Etf on TO exchange.
InstrumentCanada Etf
ExchangeToronto Exchange
ISINCA65445B1013
RegionOthers
Investment IssuerOthers
BenchmarkDow Jones Industrial
CurrencyUSD - US Dollar

Ninepoint Bitcoin ETF Systematic Risk

Ninepoint Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ninepoint Bitcoin volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ninepoint Bitcoin ETF correlated with the market. If Beta is less than 0 Ninepoint Bitcoin generally moves in the opposite direction as compared to the market. If Ninepoint Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ninepoint Bitcoin ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ninepoint Bitcoin is generally in the same direction as the market. If Beta > 1 Ninepoint Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.

Ninepoint Bitcoin December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ninepoint Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ninepoint Bitcoin ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ninepoint Bitcoin ETF based on widely used predictive technical indicators. In general, we focus on analyzing Ninepoint Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ninepoint Bitcoin's daily price indicators and compare them against related drivers.

Other Information on Investing in Ninepoint Etf

Ninepoint Bitcoin financial ratios help investors to determine whether Ninepoint Etf 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 Ninepoint with respect to the benefits of owning Ninepoint Bitcoin security.