Bitwise 10 Crypto Fund Price on November 30, 2023
| BITW Fund | USD 58.89 0.53 0.91% |
If you're considering investing in Bitwise OTC Fund, it is important to understand the factors that can impact its price. As of today, the current price of Bitwise 10 stands at 58.89, as last reported on the 25th of November, with the highest price reaching 60.49 and the lowest price hitting 58.75 during the day. Bitwise 10 appears to be very steady, given 3 months investment horizon. Bitwise 10 Crypto secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the fund had a 0.27% return per unit of risk over the last 3 months. By analyzing Bitwise 10's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please makes use of Bitwise 10's Downside Deviation of 2.36, risk adjusted performance of 0.2086, and Mean Deviation of 2.64 to double-check if our risk estimates are consistent with your expectations.
Bitwise OTC Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitwise |
Sharpe Ratio = 0.2667
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.95 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Bitwise 10 is performing at about 21% 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 10 by adding it to a well-diversified portfolio.
Bitwise 10 Valuation on November 30, 2023
It is possible to determine the worth of Bitwise 10 on a given historical date. On November 30, 2023 Bitwise was worth 22.8 at the beginning of the trading date compared to the closed value of 22.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitwise 10 otc fund. Still, in general, we apply an absolute valuation method to find Bitwise 10'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 10 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitwise 10's related companies.
| Open | High | Low | Close | Volume | |
| 23.17 | 23.18 | 22.50 | 22.71 | 116,000 | |
11/30/2023 | 22.80 | 22.80 | 22.31 | 22.35 | 30,900 |
| 22.02 | 22.99 | 22.02 | 22.79 | 69,800 |
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Bitwise 10 Trading Date Momentum on November 30, 2023
| On December 01 2023 Bitwise 10 Crypto was traded for 22.79 at the closing time. The top price for the day was 22.99 and the lowest listed price was 22.02 . The trading volume for the day was 69.8 K. The trading history from December 1, 2023 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 1.97% . The overall trading delta against the current closing price is 8.55% . |
About Bitwise 10 OTC Fund history
Bitwise 10 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 10 Crypto 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 10 stock prices may prove useful in developing a viable investing in Bitwise 10
Bitwise 10 OTC Fund Technical Analysis
Bitwise 10 technical otc fund 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, otc market cycles, or different charting patterns.
Price Boundaries
Bitwise 10 Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Bitwise 10 Crypto cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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 10 November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Bitwise 10 otc fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitwise 10 shares will generate the highest return on investment. By undertsting and applying Bitwise 10 otc fund market strength indicators, traders can identify Bitwise 10 Crypto entry and exit signals to maximize returns
Bitwise 10 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitwise 10's price direction in advance. Along with the technical and fundamental analysis of Bitwise OTC Fund 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 | 0.2086 | |||
| Jensen Alpha | 0.6643 | |||
| Total Risk Alpha | 0.3622 | |||
| Sortino Ratio | 0.3405 | |||
| Treynor Ratio | 0.4288 |
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| Volume Indicators |
Other Information on Investing in Bitwise OTC Fund
Bitwise 10 financial ratios help investors to determine whether Bitwise OTC Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bitwise with respect to the benefits of owning Bitwise 10 security.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Global Correlations Find global opportunities by holding instruments from different markets |