Bitwise Bitcoin Etf Probability of Future Etf Price Finishing Over 41.16
| BITB Etf | 52.93 0.25 0.47% |
Bitwise |
Bitwise Bitcoin Target Price Odds to finish over 41.16
The tendency of Bitwise Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 41.16 in 90 days |
| 52.93 | 90 days | 41.16 | about 33.85 |
Based on a normal probability distribution, the odds of Bitwise Bitcoin to stay above 41.16 in 90 days from now is about 33.85 (This Bitwise Bitcoin ETF probability density function shows the probability of Bitwise Etf to fall within a particular range of prices over 90 days) . Probability of Bitwise Bitcoin ETF price to stay between 41.16 and its current price of 52.93 at the end of the 90-day period is about 31.99 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.95 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bitwise Bitcoin will likely underperform. Additionally Bitwise Bitcoin ETF has an alpha of 0.5555, implying that it can generate a 0.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitwise Bitcoin Price Density |
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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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitwise Bitcoin is not an exception. The market had few large corrections towards the Bitwise Bitcoin's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bitwise Bitcoin ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitwise Bitcoin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.56 | |
β | Beta against Dow Jones | 1.95 | |
σ | Overall volatility | 7.06 | |
Ir | Information ratio | 0.20 |
Bitwise Bitcoin Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bitwise Bitcoin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitwise Bitcoin ETF can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bitwise Bitcoin ETF appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitwise Bitcoin ETF Options To Launch Soon, Amid Much Excitement - The Coin Republic |
Bitwise Bitcoin Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bitwise Etf often depends not only on the future outlook of the current and potential Bitwise Bitcoin's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bitwise Bitcoin's indicators that are reflective of the short sentiment are summarized in the table below.
Bitwise Bitcoin Technical Analysis
Bitwise Bitcoin's future price can be derived by breaking down and analyzing its technical indicators over time. Bitwise Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitwise Bitcoin ETF. In general, you should focus on analyzing Bitwise Etf price patterns and their correlations with different microeconomic environments and drivers.
Bitwise Bitcoin Predictive Forecast Models
Bitwise Bitcoin's time-series forecasting models is one of many Bitwise Bitcoin's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bitwise Bitcoin's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Bitwise Bitcoin ETF
Checking the ongoing alerts about Bitwise Bitcoin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitwise Bitcoin ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitwise Bitcoin ETF appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitwise Bitcoin ETF Options To Launch Soon, Amid Much Excitement - The Coin Republic |
Check out Bitwise Bitcoin Backtesting, Portfolio Optimization, Bitwise Bitcoin Correlation, Bitwise Bitcoin Hype Analysis, Bitwise Bitcoin Volatility, Bitwise Bitcoin History as well as Bitwise Bitcoin Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
Please note, there is a significant difference between Bitwise Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise 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.