Bitwise Crypto Industry Etf Probability of Future Etf Price Finishing Under 2.90
| BITQ Etf | USD 20.74 1.04 5.28% |
Bitwise |
Bitwise Crypto Target Price Odds to finish below 2.90
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 drop to $ 2.90 or more in 90 days |
| 20.74 | 90 days | 2.90 | near 1 |
Based on a normal probability distribution, the odds of Bitwise Crypto to drop to $ 2.90 or more in 90 days from now is near 1 (This Bitwise Crypto Industry probability density function shows the probability of Bitwise Etf to fall within a particular range of prices over 90 days) . Probability of Bitwise Crypto Industry price to stay between $ 2.90 and its current price of $20.74 at the end of the 90-day period is about 99.0 .
Given the investment horizon of 90 days the etf has the beta coefficient of 3.56 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 Crypto will likely underperform. Additionally Bitwise Crypto Industry has an alpha of 0.3931, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitwise Crypto Price Density |
| Price |
Predictive Modules for Bitwise Crypto
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 Crypto Industry. 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 Crypto'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 Crypto Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitwise Crypto is not an exception. The market had few large corrections towards the Bitwise Crypto'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 Crypto Industry, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitwise Crypto within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 3.56 | |
σ | Overall volatility | 2.80 | |
Ir | Information ratio | 0.16 |
Bitwise Crypto 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 Crypto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitwise Crypto Industry 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 Crypto appears to be risky and price may revert if volatility continues | |
| Latest headline from benzinga.com: MicroStrategy Surges 674 percent In 2024 5 ETFs That Benefit From MSTRs Bitcoin-Driven Growth | |
| The fund created three year return of -10.0% | |
| Bitwise Crypto Industry holds 99.71% of its assets under management (AUM) in equities |
Bitwise Crypto Technical Analysis
Bitwise Crypto'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 Crypto Industry. In general, you should focus on analyzing Bitwise Etf price patterns and their correlations with different microeconomic environments and drivers.
Bitwise Crypto Predictive Forecast Models
Bitwise Crypto's time-series forecasting models is one of many Bitwise Crypto'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 Crypto'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 Crypto Industry
Checking the ongoing alerts about Bitwise Crypto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitwise Crypto Industry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitwise Crypto appears to be risky and price may revert if volatility continues | |
| Latest headline from benzinga.com: MicroStrategy Surges 674 percent In 2024 5 ETFs That Benefit From MSTRs Bitcoin-Driven Growth | |
| The fund created three year return of -10.0% | |
| Bitwise Crypto Industry holds 99.71% of its assets under management (AUM) in equities |
Check out Bitwise Crypto Backtesting, Portfolio Optimization, Bitwise Crypto Correlation, Bitwise Crypto Hype Analysis, Bitwise Crypto Volatility, Bitwise Crypto History as well as Bitwise Crypto Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Bitwise Crypto Industry 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 Crypto's value that differs from its market value or its book value, called intrinsic value, which is Bitwise Crypto'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 Crypto's market value can be influenced by many factors that don't directly affect Bitwise Crypto'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 Crypto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Crypto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Crypto'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.