Valkyrie Bitcoin Financials
| BTF Etf | USD 22.85 0.13 0.57% |
Net Expense Ratio 0.0124 | 3 y Sharp Ratio 0.12 |
Valkyrie |
The data published in Valkyrie Bitcoin's official financial statements typically reflect Valkyrie 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 Valkyrie Bitcoin's quantitative information. For example, before you start analyzing numbers published by Valkyrie accountants, it's essential to understand Valkyrie Bitcoin's liquidity, profitability, and earnings quality within the context of the Valkyrie ETF Trust II space in which it operates.
Valkyrie Bitcoin Etf Summary
Valkyrie Bitcoin competes with Grayscale Bitcoin, Siren Nasdaq, Grayscale Bitcoin, and First Trust. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and Collateral Investments. Valkyrie Bitcoin is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US91917A1088 |
| CUSIP | 91917A108 |
| Region | Global |
| Investment Issuer | Valkyrie Funds |
| Location | Texas; U.S.A |
| Business Address | Boulder, CO |
| Etf Family | Valkyrie ETF Trust II |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
| Website | www.boulderfunds.net |
| Phone | NA |
| Currency | USD - US Dollar |
Valkyrie Bitcoin Key Financial Ratios
Valkyrie Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Valkyrie Bitcoin's current stock value. Our valuation model uses many indicators to compare Valkyrie Bitcoin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Valkyrie Bitcoin competition to find correlations between indicators driving Valkyrie Bitcoin's intrinsic value. More Info.Valkyrie Bitcoin Strategy is second largest ETF in price to earning as compared to similar ETFs. It is the top ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Valkyrie Bitcoin Strategy is roughly 8.07 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Valkyrie Bitcoin 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.Valkyrie Bitcoin Strategy Systematic Risk
Valkyrie Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Valkyrie 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 Valkyrie Bitcoin Strategy correlated with the market. If Beta is less than 0 Valkyrie Bitcoin generally moves in the opposite direction as compared to the market. If Valkyrie Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Valkyrie Bitcoin Strategy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Valkyrie Bitcoin is generally in the same direction as the market. If Beta > 1 Valkyrie Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
About Valkyrie Bitcoin Financials
What exactly are Valkyrie Bitcoin Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Valkyrie Bitcoin's income statement, its balance sheet, and the statement of cash flows. Potential Valkyrie Bitcoin investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Valkyrie Bitcoin investors may use each financial statement separately, they are all related. The changes in Valkyrie Bitcoin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Valkyrie Bitcoin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Valkyrie Bitcoin Thematic Clasifications
Valkyrie Bitcoin Strategy is part of several thematic ideas from Alternative Currency ETFs to Cryptocurrency 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 IdeasValkyrie Bitcoin November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Valkyrie Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Valkyrie Bitcoin Strategy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Valkyrie Bitcoin Strategy based on widely used predictive technical indicators. In general, we focus on analyzing Valkyrie Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Valkyrie Bitcoin's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.1314 | |||
| Maximum Drawdown | 16.43 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 6.24 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Strategy. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Valkyrie Bitcoin Strategy is measured differently than its book value, which is the value of Valkyrie that is recorded on the company's balance sheet. Investors also form their own opinion of Valkyrie Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Valkyrie Bitcoin'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 Valkyrie Bitcoin's market value can be influenced by many factors that don't directly affect Valkyrie Bitcoin'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 Valkyrie Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valkyrie Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valkyrie Bitcoin'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.