Franklin Bitcoin Financials
| EZBC Etf | 57.60 0.60 1.05% |
Franklin |
The data published in Franklin Bitcoin's official financial statements typically reflect Franklin 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 Franklin Bitcoin's quantitative information. For example, before you start analyzing numbers published by Franklin accountants, it's essential to understand Franklin Bitcoin's liquidity, profitability, and earnings quality within the context of the Digital Assets space in which it operates.
Please note, the presentation of Franklin 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, Franklin Bitcoin's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Franklin Bitcoin's management manipulating its earnings.
Franklin Bitcoin Etf Summary
Franklin Bitcoin competes with Grayscale Bitcoin, Siren Nasdaq, Grayscale Bitcoin, and First Trust. Franklin Bitcoin is entity of United States. It is traded as Etf on BATS exchange.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 354921108 |
| Region | Global |
| Investment Issuer | Franklin Templeton Investments |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
Franklin Bitcoin ETF Systematic Risk
Franklin Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin 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 Franklin Bitcoin ETF correlated with the market. If Beta is less than 0 Franklin Bitcoin generally moves in the opposite direction as compared to the market. If Franklin Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Bitcoin ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Bitcoin is generally in the same direction as the market. If Beta > 1 Franklin Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
About Franklin Bitcoin Financials
What exactly are Franklin 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 Franklin Bitcoin's income statement, its balance sheet, and the statement of cash flows. Potential Franklin Bitcoin investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Franklin Bitcoin investors may use each financial statement separately, they are all related. The changes in Franklin Bitcoin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Franklin 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.Franklin Bitcoin Thematic Clasifications
Franklin Bitcoin ETF 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 IdeasFranklin Bitcoin November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin Bitcoin ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Bitcoin ETF based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin Bitcoin's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.2058 | |||
| Maximum Drawdown | 15.76 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 5.84 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Bitcoin ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Franklin Bitcoin ETF is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Franklin 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 Franklin Bitcoin's market value can be influenced by many factors that don't directly affect Franklin 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 Franklin Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin 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.