Bitwise Ethereum Etf Probability of Future Etf Price Finishing Over 19.05
| ETHW Etf | 24.10 2.02 9.15% |
Bitwise |
Bitwise Ethereum Target Price Odds to finish over 19.05
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 19.05 in 90 days |
| 24.10 | 90 days | 19.05 | about 41.99 |
Based on a normal probability distribution, the odds of Bitwise Ethereum to stay above 19.05 in 90 days from now is about 41.99 (This Bitwise Ethereum ETF probability density function shows the probability of Bitwise Etf to fall within a particular range of prices over 90 days) . Probability of Bitwise Ethereum ETF price to stay between 19.05 and its current price of 24.1 at the end of the 90-day period is about 41.84 .
Given the investment horizon of 90 days the etf has the beta coefficient of 3.06 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 Ethereum will likely underperform. Additionally Bitwise Ethereum ETF has an alpha of 0.0566, implying that it can generate a 0.0566 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitwise Ethereum Price Density |
| Price |
Predictive Modules for Bitwise Ethereum
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 Ethereum 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.Bitwise Ethereum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitwise Ethereum is not an exception. The market had few large corrections towards the Bitwise Ethereum'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 Ethereum ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitwise Ethereum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 3.06 | |
σ | Overall volatility | 1.83 | |
Ir | Information ratio | 0.06 |
Bitwise Ethereum 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 Ethereum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitwise Ethereum 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 Ethereum ETF had very high historical volatility over the last 90 days | |
| Latest headline from cointelegraph.com: Ethereum is starting to catch a bid US ETFs hit record 295M inflow |
Bitwise Ethereum Technical Analysis
Bitwise Ethereum'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 Ethereum ETF. In general, you should focus on analyzing Bitwise Etf price patterns and their correlations with different microeconomic environments and drivers.
Bitwise Ethereum Predictive Forecast Models
Bitwise Ethereum's time-series forecasting models is one of many Bitwise Ethereum'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 Ethereum'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 Ethereum ETF
Checking the ongoing alerts about Bitwise Ethereum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitwise Ethereum ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitwise Ethereum ETF had very high historical volatility over the last 90 days | |
| Latest headline from cointelegraph.com: Ethereum is starting to catch a bid US ETFs hit record 295M inflow |
Check out Bitwise Ethereum Backtesting, Portfolio Optimization, Bitwise Ethereum Correlation, Bitwise Ethereum Hype Analysis, Bitwise Ethereum Volatility, Bitwise Ethereum History as well as Bitwise Ethereum Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Bitwise Ethereum 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 Ethereum's value that differs from its market value or its book value, called intrinsic value, which is Bitwise Ethereum'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 Ethereum's market value can be influenced by many factors that don't directly affect Bitwise Ethereum'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 Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Ethereum'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.