Valkyrie Bitcoin Etf Return On Equity
| BRRR Etf | 28.08 0.28 1.01% |
Valkyrie Bitcoin fundamentals help investors to digest information that contributes to Valkyrie Bitcoin's financial success or failures. It also enables traders to predict the movement of Valkyrie Etf. The fundamental analysis module provides a way to measure Valkyrie Bitcoin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Valkyrie Bitcoin etf.
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Valkyrie Bitcoin ETF Return On Equity Analysis
Valkyrie Bitcoin's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Valkyrie Bitcoin has a Return On Equity of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Digital Assets (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About Valkyrie Bitcoin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Valkyrie Bitcoin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Valkyrie Bitcoin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Valkyrie Bitcoin based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Valkyrie Bitcoin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Valkyrie Bitcoin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Valkyrie Bitcoin will appreciate offsetting losses from the drop in the long position's value.Moving together with Valkyrie Etf
| 1.0 | GBTC | Grayscale Bitcoin Trust | PairCorr |
| 1.0 | BITO | ProShares Bitcoin Aggressive Push | PairCorr |
| 0.97 | BLOK | Amplify Transformational | PairCorr |
| 0.92 | BLCN | Siren Nasdaq NexGen | PairCorr |
Moving against Valkyrie Etf
| 0.49 | LUX | Tema ETF Trust | PairCorr |
| 0.47 | VXX | iPath Series B | PairCorr |
| 0.39 | INTL | Main International ETF | PairCorr |
| 0.32 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Valkyrie Bitcoin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valkyrie Bitcoin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Valkyrie Bitcoin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Valkyrie Bitcoin to buy it.
The correlation of Valkyrie Bitcoin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Valkyrie Bitcoin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valkyrie Bitcoin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Valkyrie Bitcoin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Valkyrie Bitcoin Piotroski F Score and Valkyrie Bitcoin Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Valkyrie Bitcoin 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.