Valkyrie Bitcoin Strategy Etf Price on June 8, 2024
| BTF Etf | USD 23.05 0.20 0.88% |
If you're considering investing in Valkyrie Etf, it is important to understand the factors that can impact its price. As of today, the current price of Valkyrie Bitcoin stands at 23.05, as last reported on the 26th of November, with the highest price reaching 23.30 and the lowest price hitting 22.55 during the day. Valkyrie Bitcoin appears to be not too volatile, given 3 months investment horizon. Valkyrie Bitcoin Strategy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the etf had a 0.2% return per unit of risk over the last 3 months. By inspecting Valkyrie Bitcoin's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Valkyrie Bitcoin's Semi Deviation of 2.24, risk adjusted performance of 0.137, and Coefficient Of Variation of 593.85 to confirm if our risk estimates are consistent with your expectations.
Valkyrie Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Valkyrie |
Sharpe Ratio = 0.1957
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Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Valkyrie Bitcoin is performing at about 15% 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 Valkyrie Bitcoin by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Valkyrie Bitcoin Main Headline on 7th of June 2024
Acquisition by Lola Brown Trust 1b of tradable shares of Val... by Lola Brown Trust 1b
Filed transaction by Valkyrie Bitcoin Strategy 10 Percent Owner. Grant, award or other acquisition pursuant to Rule 16b-3
Valkyrie Bitcoin Valuation on June 8, 2024
It is possible to determine the worth of Valkyrie Bitcoin on a given historical date. On June 8, 2024 Valkyrie was worth 21.34 at the beginning of the trading date compared to the closed value of 20.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Valkyrie Bitcoin etf. Still, in general, we apply an absolute valuation method to find Valkyrie 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 Valkyrie Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Valkyrie Bitcoin's related companies.
| Open | High | Low | Close | Volume | |
| 21.50 | 21.55 | 21.20 | 21.24 | 24,100 | |
06/07/2024 | 21.34 | 21.50 | 20.39 | 20.72 | 84,800 |
| 20.62 | 20.92 | 20.62 | 20.70 | 33,700 |
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Valkyrie Bitcoin Trading Date Momentum on June 8, 2024
| On June 10 2024 Valkyrie Bitcoin Strategy was traded for 20.70 at the closing time. Highest Valkyrie Bitcoin's price during the trading hours was 20.92 and the lowest price during the day was 20.62 . The net volume was 33.7 K. The overall trading history on the 10th of June contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.10% . The trading price change to current price is 4.87% . |
Valkyrie Bitcoin Strategy Fundamentals Correlations and Trends
By evaluating Valkyrie Bitcoin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Valkyrie Bitcoin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Valkyrie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Valkyrie Bitcoin Etf history
Valkyrie 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 Valkyrie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Valkyrie Bitcoin Strategy 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 Valkyrie Bitcoin stock prices may prove useful in developing a viable investing in Valkyrie Bitcoin
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and Collateral Investments. Valkyrie Bitcoin is traded on NASDAQ Exchange in the United States.
Valkyrie Bitcoin Etf Technical Analysis
Valkyrie 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
Valkyrie Bitcoin Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Valkyrie Bitcoin Strategy cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Valkyrie Bitcoin November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Valkyrie 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 Valkyrie Bitcoin shares will generate the highest return on investment. By undertsting and applying Valkyrie Bitcoin etf market strength indicators, traders can identify Valkyrie Bitcoin Strategy entry and exit signals to maximize returns
Valkyrie Bitcoin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Valkyrie Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Valkyrie Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Valkyrie 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 | 0.137 | |||
| Jensen Alpha | 0.256 | |||
| Total Risk Alpha | 0.0286 | |||
| Sortino Ratio | 0.1762 | |||
| Treynor Ratio | 0.2147 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Strategy. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Valkyrie Bitcoin Strategy is measured differently than its book value, which is the value of Valkyrie that is recorded on the company's balance sheet. Investors also form their own opinion of Valkyrie Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Valkyrie 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 Valkyrie Bitcoin's market value can be influenced by many factors that don't directly affect Valkyrie 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 Valkyrie Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valkyrie Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valkyrie 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.