Bitwise Crypto Financials
| BITQ Etf | USD 20.74 1.04 5.28% |
Net Expense Ratio 0.0085 | 3 y Sharp Ratio 0.08 |
Bitwise |
The data published in Bitwise Crypto's official financial statements typically reflect Bitwise Crypto'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 Bitwise Crypto's quantitative information. For example, before you start analyzing numbers published by Bitwise accountants, it's essential to understand Bitwise Crypto's liquidity, profitability, and earnings quality within the context of the Exchange Traded Concepts space in which it operates.
Bitwise Crypto Etf Summary
Bitwise Crypto competes with Bitwise 10, VanEck Digital, Global X, First Trust, and Valkyrie Bitcoin. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3015056241 |
| CUSIP | 301505624 |
| Region | Global |
| Investment Issuer | Exchange Traded Concepts |
| Etf Family | Exchange Traded Concepts |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Bitwise Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bitwise Crypto's current stock value. Our valuation model uses many indicators to compare Bitwise Crypto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bitwise Crypto competition to find correlations between indicators driving Bitwise Crypto's intrinsic value. More Info.Bitwise Crypto Industry is the top ETF in one year return as compared to similar ETFs. It is third largest ETF in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Bitwise Crypto 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.Bitwise Crypto Industry Systematic Risk
Bitwise Crypto's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bitwise Crypto 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Bitwise Crypto Industry correlated with the market. If Beta is less than 0 Bitwise Crypto generally moves in the opposite direction as compared to the market. If Bitwise Crypto Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bitwise Crypto Industry is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bitwise Crypto is generally in the same direction as the market. If Beta > 1 Bitwise Crypto moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Bitwise Crypto is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Bitwise has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Bitwise Crypto's financials are consistent with your investment objective using the following steps:- Review Bitwise Crypto's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Bitwise Crypto's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Bitwise Crypto's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Bitwise Crypto's stock is overvalued or undervalued.
Bitwise Crypto Thematic Clasifications
Bitwise Crypto Industry is part of several thematic ideas from Theme ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasBitwise Crypto November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bitwise Crypto help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bitwise Crypto Industry. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bitwise Crypto Industry based on widely used predictive technical indicators. In general, we focus on analyzing Bitwise Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bitwise Crypto's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.57 | |||
| Information Ratio | 0.1568 | |||
| Maximum Drawdown | 25.37 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 7.32 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitwise Crypto Industry. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.