Bitwise Funds Trust Etf Probability of Future Etf Price Finishing Under 54.78
| BWEB Etf | USD 58.45 2.75 4.49% |
Bitwise |
Bitwise Funds Target Price Odds to finish below 54.78
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 $ 54.78 or more in 90 days |
| 58.45 | 90 days | 54.78 | about 1.75 |
Based on a normal probability distribution, the odds of Bitwise Funds to drop to $ 54.78 or more in 90 days from now is about 1.75 (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 $ 54.78 and its current price of $58.45 at the end of the 90-day period is about 32.3 .
Given the investment horizon of 90 days Bitwise Funds Trust has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding Bitwise Funds are expected to decrease at a much lower rate. During a bear market, however, Bitwise Funds Trust is likely to outperform the market. Additionally Bitwise Funds Trust has an alpha of 0.0938, implying that it can generate a 0.0938 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitwise Funds Price Density |
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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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitwise Funds' 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 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 | 0.09 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 2.17 | |
Ir | Information ratio | 0.05 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bitwise Funds in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bitwise Funds' short interest history, or implied volatility extrapolated from Bitwise Funds options trading.
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 Stocks Directory module to find actively traded stocks across global markets.
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.