Bitwise Bitcoin Etf Price on September 11, 2024
| BITB Etf | 52.68 3.15 6.36% |
If you're considering investing in Bitwise Etf, it is important to understand the factors that can impact its price. As of today, the current price of Bitwise Bitcoin stands at 52.68, as last reported on the 28th of November, with the highest price reaching 53.09 and the lowest price hitting 51.36 during the day. Bitwise Bitcoin appears to be very steady, given 3 months investment horizon. Bitwise Bitcoin ETF secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the etf had a 0.25% return per unit of risk over the last 3 months. By analyzing Bitwise Bitcoin's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please makes use of Bitwise Bitcoin's Mean Deviation of 2.52, risk adjusted performance of 0.1452, and Downside Deviation of 2.64 to double-check if our risk estimates are consistent with your expectations.
Bitwise Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitwise |
Sharpe Ratio = 0.2505
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BITB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.4 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Bitwise Bitcoin is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bitwise Bitcoin by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Bitwise Bitcoin Valuation on September 11, 2024
It is possible to determine the worth of Bitwise Bitcoin on a given historical date. On September 11, 2024 Bitwise was worth 30.95 at the beginning of the trading date compared to the closed value of 31.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitwise Bitcoin etf. Still, in general, we apply an absolute valuation method to find Bitwise Bitcoin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bitwise Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitwise Bitcoin's related companies.
| Open | High | Low | Close | Volume | |
| 31.03 | 31.63 | 30.80 | 31.57 | 976,168 | |
09/11/2024 | 30.95 | 31.62 | 30.25 | 31.41 | 1,925,075 |
| 31.49 | 31.92 | 31.24 | 31.81 | 1,847,900 |
| Backtest Bitwise Bitcoin | | | Bitwise Bitcoin History | | | Bitwise Bitcoin Valuation | Previous | Next |
Bitwise Bitcoin Trading Date Momentum on September 11, 2024
| On September 12 2024 Bitwise Bitcoin ETF was traded for 31.81 at the closing time. The top price for the day was 31.92 and the lowest listed price was 31.24 . The trading volume for the day was 1.8 M. The trading history from September 12, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.27% . The overall trading delta against the current closing price is 9.87% . |
About Bitwise Bitcoin Etf history
Bitwise Bitcoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bitwise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitwise Bitcoin ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bitwise Bitcoin stock prices may prove useful in developing a viable investing in Bitwise Bitcoin
Bitwise Bitcoin Etf Technical Analysis
Bitwise Bitcoin technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Bitwise Bitcoin Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Bitwise Bitcoin ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Bitwise Bitcoin November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Bitwise Bitcoin etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitwise Bitcoin shares will generate the highest return on investment. By undertsting and applying Bitwise Bitcoin etf market strength indicators, traders can identify Bitwise Bitcoin ETF entry and exit signals to maximize returns
Bitwise Bitcoin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitwise Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Bitwise Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitwise to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1452 | |||
| Jensen Alpha | 0.3394 | |||
| Total Risk Alpha | 0.065 | |||
| Sortino Ratio | 0.179 | |||
| Treynor Ratio | 0.2813 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitwise Bitcoin ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.