Bitwise Bitcoin Etf Forward View - Simple Moving Average
| BITB Etf | 45.67 2.71 5.60% |
Bitwise Etf outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Bitwise Bitcoin stock prices and determine the direction of Bitwise Bitcoin ETF's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bitwise Bitcoin's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength momentum indicator of Bitwise Bitcoin's share price is approaching 39 suggesting that the etf is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Bitwise Bitcoin, making its price go up or down. Momentum 39
Sell Extended
Oversold | Overbought |
Using Bitwise Bitcoin hype-based prediction, you can estimate the value of Bitwise Bitcoin ETF from the perspective of Bitwise Bitcoin response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Bitwise Bitcoin ETF on the next trading day is expected to be 47.02 with a mean absolute deviation of 1.21 and the sum of the absolute errors of 71.68. Bitwise Bitcoin after-hype prediction price | USD 45.67 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Bitwise Bitcoin to cross-verify your projections. Bitwise Bitcoin Additional Predictive Modules
Most predictive techniques to examine Bitwise price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bitwise using various technical indicators. When you analyze Bitwise charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bitwise Bitcoin Simple Moving Average Price Forecast For the 30th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Bitwise Bitcoin ETF on the next trading day is expected to be 47.02 with a mean absolute deviation of 1.21, mean absolute percentage error of 2.48, and the sum of the absolute errors of 71.68.Please note that although there have been many attempts to predict Bitwise Etf prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Bitwise Bitcoin's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bitwise Bitcoin Etf Forecast Pattern
| Backtest Bitwise Bitcoin | Bitwise Bitcoin Price Prediction | Buy or Sell Advice |
Bitwise Bitcoin Forecasted Value
In the context of forecasting Bitwise Bitcoin's Etf value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Bitwise Bitcoin's downside and upside margins for the forecasting period are 44.18 and 49.87, respectively. We have considered Bitwise Bitcoin's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Bitwise Bitcoin etf data series using in forecasting. Note that when a statistical model is used to represent Bitwise Bitcoin etf, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 115.3413 |
| Bias | Arithmetic mean of the errors | 0.3043 |
| MAD | Mean absolute deviation | 1.2148 |
| MAPE | Mean absolute percentage error | 0.0244 |
| SAE | Sum of the absolute errors | 71.675 |
Predictive Modules for Bitwise Bitcoin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitwise Bitcoin ETF. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitwise Bitcoin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bitwise Bitcoin After-Hype Price Density Analysis
As far as predicting the price of Bitwise Bitcoin at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bitwise Bitcoin or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Bitwise Bitcoin, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Bitwise Bitcoin Estimiated After-Hype Price Volatility
In the context of predicting Bitwise Bitcoin's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bitwise Bitcoin's historical news coverage. Bitwise Bitcoin's after-hype downside and upside margins for the prediction period are 42.82 and 48.52, respectively. We have considered Bitwise Bitcoin's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bitwise Bitcoin is very steady at this time. Analysis and calculation of next after-hype price of Bitwise Bitcoin ETF is based on 3 months time horizon.
Bitwise Bitcoin Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Bitwise Bitcoin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bitwise Bitcoin backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bitwise Bitcoin, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.40 | 2.85 | 0.00 | 0.01 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
45.67 | 45.67 | 0.00 |
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Bitwise Bitcoin Hype Timeline
Bitwise Bitcoin ETF is currently traded for 45.67. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Bitwise is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at -0.4%. %. The volatility of related hype on Bitwise Bitcoin is about 9500.0%, with the expected price after the next announcement by competition of 45.66. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Bitwise Bitcoin to cross-verify your projections.Bitwise Bitcoin Related Hype Analysis
Having access to credible news sources related to Bitwise Bitcoin's direct competition is more important than ever and may enhance your ability to predict Bitwise Bitcoin's future price movements. Getting to know how Bitwise Bitcoin's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bitwise Bitcoin may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ARKB | ARK 21Shares Bitcoin | 0.00 | 0 per month | 0.00 | (0.16) | 3.99 | (5.48) | 12.83 | |
| BKLC | BNY Mellon Large | 0.00 | 0 per month | 0.84 | (0.04) | 0.97 | (1.21) | 3.61 | |
| JHMM | John Hancock Multifactor | 0.00 | 0 per month | 0.69 | 0.07 | 1.59 | (1.44) | 3.56 | |
| FELG | Fidelity Covington Trust | 0.00 | 0 per month | 0.00 | (0.12) | 1.31 | (1.82) | 4.77 | |
| EUFN | iShares MSCI Europe | (0.30) | 6 per month | 0.65 | 0.18 | 1.75 | (1.42) | 3.83 | |
| FCVIX | Fidelity Small Cap | 0.00 | 0 per month | 0.53 | 0.15 | 1.98 | (1.12) | 4.38 | |
| PDBC | Invesco Optimum Yield | 0.00 | 0 per month | 0.39 | 0.20 | 1.46 | (1.06) | 2.84 | |
| NVDL | GraniteShares 15x Long | 0.00 | 0 per month | 0.00 | (0.05) | 5.98 | (7.28) | 20.36 | |
| PAAA | PGIM ETF Trust | 0.00 | 0 per month | 0.00 | (0.50) | 0.06 | (0.02) | 0.84 | |
| XAR | SPDR SP Aerospace | 0.00 | 0 per month | 1.40 | 0.08 | 3.49 | (2.43) | 6.93 |
Other Forecasting Options for Bitwise Bitcoin
For every potential investor in Bitwise, whether a beginner or expert, Bitwise Bitcoin's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bitwise Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bitwise. Basic forecasting techniques help filter out the noise by identifying Bitwise Bitcoin's price trends.Bitwise Bitcoin Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bitwise Bitcoin etf to make a market-neutral strategy. Peer analysis of Bitwise Bitcoin could also be used in its relative valuation, which is a method of valuing Bitwise Bitcoin by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bitwise Bitcoin Market Strength Events
Market strength indicators help investors to evaluate how Bitwise Bitcoin etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitwise Bitcoin shares will generate the highest return on investment. By undertsting and applying Bitwise Bitcoin etf market strength indicators, traders can identify Bitwise Bitcoin ETF entry and exit signals to maximize returns.
| Accumulation Distribution | 280807.0 | |||
| Daily Balance Of Power | (1.08) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 46.45 | |||
| Day Typical Price | 46.19 | |||
| Price Action Indicator | (2.13) | |||
| Period Momentum Indicator | (2.71) | |||
| Relative Strength Index | 39.1 |
Bitwise Bitcoin Risk Indicators
The analysis of Bitwise Bitcoin's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bitwise Bitcoin's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bitwise etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.25 | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.12 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Bitwise Bitcoin
The number of cover stories for Bitwise Bitcoin depends on current market conditions and Bitwise Bitcoin's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bitwise Bitcoin is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bitwise Bitcoin's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Check out Historical Fundamental Analysis of Bitwise Bitcoin to cross-verify your projections. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Bitwise Bitcoin ETF 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 Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Bitwise 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 Bitwise Bitcoin's market value can be influenced by many factors that don't directly affect Bitwise Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Bitwise Bitcoin's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bitwise Bitcoin should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Bitwise Bitcoin's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.