Bitwise Funds Trust Etf Probability of Future Etf Price Finishing Over 50.33
| BTOP Etf | USD 60.16 4.31 7.72% |
Bitwise |
Bitwise Funds Target Price Odds to finish over 50.33
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 $ 50.33 in 90 days |
| 60.16 | 90 days | 50.33 | about 17.66 |
Based on a normal probability distribution, the odds of Bitwise Funds to stay above $ 50.33 in 90 days from now is about 17.66 (This Bitwise Funds Trust probability density function shows the probability of Bitwise Etf to fall within a particular range of prices over 90 days) . Probability of Bitwise Funds Trust price to stay between $ 50.33 and its current price of $60.16 at the end of the 90-day period is about 16.88 .
Given the investment horizon of 90 days the etf has the beta coefficient of 2.35 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 Funds will likely underperform. Additionally Bitwise Funds Trust has an alpha of 0.4517, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitwise Funds Price Density |
| Price |
Predictive Modules for Bitwise Funds
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 Funds Trust. 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.Bitwise Funds Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitwise Funds is not an exception. The market had few large corrections towards the Bitwise Funds' 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 Funds Trust, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitwise Funds within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 2.35 | |
σ | Overall volatility | 6.58 | |
Ir | Information ratio | 0.17 |
Bitwise Funds 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 Funds for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitwise Funds Trust 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 Funds Trust appears to be risky and price may revert if volatility continues | |
| Bitwise Funds Trust currently holds 3.39 M in liabilities with Debt to Equity (D/E) ratio of 1.2, which is about average as compared to similar companies. Bitwise Funds Trust has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Bitwise Funds until it has trouble settling it off, either with new capital or with free cash flow. So, Bitwise Funds' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bitwise Funds Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitwise to invest in growth at high rates of return. When we think about Bitwise Funds' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (7.52 M) with profit before overhead, payroll, taxes, and interest of 33 K. | |
| Bitwise Funds Trust currently holds about 162.62 K in cash with (2.72 M) of positive cash flow from operations. | |
| Roughly 29.0% of Bitwise Funds shares are held by company insiders |
Bitwise Funds Technical Analysis
Bitwise Funds' 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 Funds Trust. In general, you should focus on analyzing Bitwise Etf price patterns and their correlations with different microeconomic environments and drivers.
Bitwise Funds Predictive Forecast Models
Bitwise Funds' time-series forecasting models is one of many Bitwise Funds' 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 Funds' 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 Funds Trust
Checking the ongoing alerts about Bitwise Funds for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitwise Funds Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitwise Funds Trust appears to be risky and price may revert if volatility continues | |
| Bitwise Funds Trust currently holds 3.39 M in liabilities with Debt to Equity (D/E) ratio of 1.2, which is about average as compared to similar companies. Bitwise Funds Trust has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Bitwise Funds until it has trouble settling it off, either with new capital or with free cash flow. So, Bitwise Funds' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bitwise Funds Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitwise to invest in growth at high rates of return. When we think about Bitwise Funds' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (7.52 M) with profit before overhead, payroll, taxes, and interest of 33 K. | |
| Bitwise Funds Trust currently holds about 162.62 K in cash with (2.72 M) of positive cash flow from operations. | |
| Roughly 29.0% of Bitwise Funds shares are held by company insiders |
Check out Bitwise Funds Backtesting, Portfolio Optimization, Bitwise Funds Correlation, Bitwise Funds Hype Analysis, Bitwise Funds Volatility, Bitwise Funds History as well as Bitwise Funds Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Bitwise Funds Trust 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 Funds' value that differs from its market value or its book value, called intrinsic value, which is Bitwise Funds' 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 Funds' market value can be influenced by many factors that don't directly affect Bitwise Funds' 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 Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Funds' 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.