Valkyrie Bitcoin Miners Etf Return On Asset
| WGMI Etf | USD 27.18 0.53 1.91% |
Valkyrie Bitcoin Miners 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.
Valkyrie |
Valkyrie Bitcoin Miners ETF Return On Asset Analysis
Valkyrie Bitcoin's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Valkyrie Bitcoin Return On Asset | -44.32 |
Most of Valkyrie Bitcoin's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Valkyrie Bitcoin Miners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Valkyrie Bitcoin Miners has a Return On Asset of -44.32. This is much lower than that of the Valkyrie ETF Trust II family and significantly lower than that of the Digital Assets category. The return on asset for all United States etfs is notably higher than that of the company.
Valkyrie Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Valkyrie Bitcoin's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Valkyrie Bitcoin could also be used in its relative valuation, which is a method of valuing Valkyrie Bitcoin by comparing valuation metrics of similar companies.Valkyrie Bitcoin is currently under evaluation in return on asset as compared to similar ETFs.
Fund Asset Allocation for Valkyrie Bitcoin
The fund consists of 95.83% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Valkyrie Bitcoin's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Valkyrie Fundamentals
| Return On Asset | -44.32 | |||
| Profit Margin | (31.77) % | |||
| Operating Margin | (27.31) % | |||
| Current Valuation | 16.22 M | |||
| Shares Outstanding | 94.01 M | |||
| Price To Book | 20.00 X | |||
| Price To Sales | 1.60 X | |||
| Revenue | 11.77 M | |||
| Gross Profit | 769.49 K | |||
| Net Income | (3.74 M) | |||
| Cash And Equivalents | 6.96 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 4.38 M | |||
| Current Ratio | 0.93 X | |||
| Cash Flow From Operations | (1.22 M) | |||
| Earnings Per Share | (0.04) X | |||
| Number Of Employees | 104 | |||
| Market Capitalization | 14.38 M | |||
| Total Asset | 2.46 M | |||
| Retained Earnings | (23.36 M) | |||
| Working Capital | (1.37 M) | |||
| Current Asset | 779 K | |||
| Current Liabilities | 2.15 M | |||
| One Year Return | 163.00 % | |||
| Net Asset | 2.46 M | |||
| Equity Positions Weight | 95.83 % |
About Valkyrie Bitcoin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Valkyrie Bitcoin Miners'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 Miners 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.
Currently Active Assets on Macroaxis
When determining whether Valkyrie Bitcoin Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valkyrie Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valkyrie Bitcoin Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Valkyrie Bitcoin Miners Etf:Check out Valkyrie Bitcoin Piotroski F Score and Valkyrie Bitcoin Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Valkyrie Bitcoin Miners 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.