Btci Etf Price on December 5, 2024
| BTCI Etf | 64.76 0.14 0.22% |
If you're considering investing in BTCI Etf, it is important to understand the factors that can impact its price. As of today, the current price of BTCI stands at 64.76, as last reported on the 13th of December 2024, with the highest price reaching 65.12 and the lowest price hitting 63.68 during the day. BTCI appears to be very steady, given 3 months investment horizon. BTCI retains Efficiency (Sharpe Ratio) of 0.28, which signifies that the etf had a 0.28% return per unit of risk over the last 3 months. By inspecting BTCI's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please makes use of BTCI's market risk adjusted performance of 0.69, and Coefficient Of Variation of 346.93 to double-check if our risk estimates are consistent with your expectations.
BTCI Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
BTCI |
Sharpe Ratio = 0.2845
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average BTCI is performing at about 22% 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 BTCI by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Related Headline
Grayscale Bitcoin Headline on 5th of December 2024
Michael Saylor, founder of MicroStrategy, expressed ambitious vision for Bitcoin, predicting a notable increase in its overall market value.
BTCI Valuation on December 5, 2024
It is possible to determine the worth of BTCI on a given historical date. On December 5, 2024 BTCI was worth 65.8 at the beginning of the trading date compared to the closed value of 63.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BTCI etf. Still, in general, we apply an absolute valuation method to find BTCI'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 BTCI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BTCI's related companies.
| Open | High | Low | Close | Volume | |
| 62.00 | 64.02 | 61.57 | 63.59 | 27,700 | |
12/05/2024 | 65.80 | 66.43 | 63.31 | 63.82 | 18,326 |
| 63.82 | 65.50 | 63.52 | 65.30 | 19,227 |
| Backtest BTCI | | | BTCI History | | | BTCI Valuation | Previous | Next |
BTCI Trading Date Momentum on December 5, 2024
| On December 06 2024 BTCI was traded for 65.30 at the closing time. The top price for the day was 65.50 and the lowest listed price was 63.52 . The trading volume for the day was 19.2 K. The trading history from December 6, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.32% . The overall trading delta against the current closing price is 1.54% . |
About BTCI Etf history
BTCI 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 BTCI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BTCI 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 BTCI stock prices may prove useful in developing a viable investing in BTCI
BTCI Etf Technical Analysis
BTCI 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
BTCI Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
BTCI cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
BTCI December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how BTCI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BTCI shares will generate the highest return on investment. By undertsting and applying BTCI etf market strength indicators, traders can identify BTCI entry and exit signals to maximize returns
BTCI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BTCI's price direction in advance. Along with the technical and fundamental analysis of BTCI Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BTCI 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 | 0.2169 | |||
| Jensen Alpha | 0.6998 | |||
| Total Risk Alpha | 0.418 | |||
| Sortino Ratio | 0.3352 | |||
| Treynor Ratio | 0.68 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of BTCI is measured differently than its book value, which is the value of BTCI that is recorded on the company's balance sheet. Investors also form their own opinion of BTCI's value that differs from its market value or its book value, called intrinsic value, which is BTCI'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 BTCI's market value can be influenced by many factors that don't directly affect BTCI'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 BTCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTCI'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.