3iQ Bitcoin Financials
| BTCQ Etf | CAD 22.10 0.23 1.05% |
3 y Sharp Ratio 0.34 |
3iQ |
The data published in 3iQ Bitcoin's official financial statements typically reflect 3iQ 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 3iQ Bitcoin's quantitative information. For example, before you start analyzing numbers published by 3iQ accountants, it's essential to understand 3iQ Bitcoin's liquidity, profitability, and earnings quality within the context of the 3iQ Corp. space in which it operates.
3iQ Bitcoin Etf Summary
3iQ Bitcoin competes with Purpose Bitcoin, 3iQ CoinShares, and BetaPro Inverse. 3IQ COINSHARES is traded on Toronto Stock Exchange in Canada.3iQ Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 3iQ Bitcoin's current stock value. Our valuation model uses many indicators to compare 3iQ Bitcoin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 3iQ Bitcoin competition to find correlations between indicators driving 3iQ Bitcoin's intrinsic value. More Info.3iQ Bitcoin ETF is second largest ETF in one year return as compared to similar ETFs. It also is second largest ETF in three year return as compared to similar ETFs reporting about 0.14 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for 3iQ Bitcoin ETF is roughly 7.19 . Comparative valuation analysis is a catch-all model that can be used if you cannot value 3iQ Bitcoin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 3iQ Bitcoin's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.3iQ Bitcoin ETF Systematic Risk
3iQ Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 3iQ 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on 3iQ Bitcoin ETF correlated with the market. If Beta is less than 0 3iQ Bitcoin generally moves in the opposite direction as compared to the market. If 3iQ Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 3iQ Bitcoin ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 3iQ Bitcoin is generally in the same direction as the market. If Beta > 1 3iQ Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
3iQ Bitcoin November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 3iQ Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 3iQ Bitcoin ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of 3iQ Bitcoin ETF based on widely used predictive technical indicators. In general, we focus on analyzing 3iQ Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 3iQ Bitcoin's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.2056 | |||
| Maximum Drawdown | 15.24 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 6.51 |
Other Information on Investing in 3iQ Etf
3iQ Bitcoin financial ratios help investors to determine whether 3iQ 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 3iQ with respect to the benefits of owning 3iQ Bitcoin security.