Franklin Bitcoin Etf Price on May 24, 2024
| EZBC Etf | 56.08 3.34 6.33% |
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. As of today, the current price of Franklin Bitcoin stands at 56.08, as last reported on the 28th of November, with the highest price reaching 56.41 and the lowest price hitting 54.69 during the day. Franklin Bitcoin appears to be very steady, given 3 months investment horizon. Franklin Bitcoin ETF secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the etf had a 0.25% return per unit of standard deviation over the last 3 months. By reviewing Franklin Bitcoin's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please utilize Franklin Bitcoin's Downside Deviation of 2.65, mean deviation of 2.54, and Semi Deviation of 2.23 to check if our risk estimates are consistent with your expectations.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.2501
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.41 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 Franklin 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 Franklin Bitcoin by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
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Franklin Bitcoin Valuation on May 24, 2024
It is possible to determine the worth of Franklin Bitcoin on a given historical date. On May 24, 2024 Franklin was worth 39.14 at the beginning of the trading date compared to the closed value of 40.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Bitcoin etf. Still, in general, we apply an absolute valuation method to find Franklin 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 Franklin Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Bitcoin's related companies.
| Open | High | Low | Close | Volume | |
| 40.24 | 40.24 | 38.79 | 38.95 | 196,700 | |
05/24/2024 | 39.14 | 40.20 | 38.95 | 40.13 | 60,000 |
| 39.68 | 39.77 | 38.99 | 39.66 | 97,400 |
| Backtest Franklin Bitcoin | | | Franklin Bitcoin History | | | Franklin Bitcoin Valuation | Previous | Next |
Franklin Bitcoin Trading Date Momentum on May 24, 2024
| On May 28 2024 Franklin Bitcoin ETF was traded for 39.66 at the closing time. The top price for the day was 39.77 and the lowest listed price was 38.99 . The trading volume for the day was 97.4 K. The trading history from May 28, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.17% . The overall trading delta against the current closing price is 0.82% . |
About Franklin Bitcoin Etf history
Franklin 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 Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin 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 Franklin Bitcoin stock prices may prove useful in developing a viable investing in Franklin Bitcoin
Franklin Bitcoin Etf Technical Analysis
Franklin 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
Franklin Bitcoin Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Franklin Bitcoin ETF 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.
Franklin Bitcoin November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin 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 Franklin Bitcoin shares will generate the highest return on investment. By undertsting and applying Franklin Bitcoin etf market strength indicators, traders can identify Franklin Bitcoin ETF entry and exit signals to maximize returns
Franklin Bitcoin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Franklin Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin 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 | 0.1449 | |||
| Jensen Alpha | 0.3379 | |||
| Total Risk Alpha | 0.0636 | |||
| Sortino Ratio | 0.1785 | |||
| Treynor Ratio | 0.28 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin 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 bureau of labor statistics. 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 Franklin Bitcoin ETF is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Franklin 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 Franklin Bitcoin's market value can be influenced by many factors that don't directly affect Franklin 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 Franklin Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin 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.