Btci Etf Market Value
| BTCI Etf | 62.33 0.18 0.29% |
| Symbol | BTCI |
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.
BTCI 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BTCI's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BTCI.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in BTCI on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding BTCI or generate 0.0% return on investment in BTCI over 720 days. BTCI is related to or competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, IShares Dividend, Altrius Global, and Invesco Exchange. BTCI is entity of United States. It is traded as Etf on BATS exchange. More
BTCI Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BTCI's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BTCI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.23 | |||
| Information Ratio | 0.2231 | |||
| Maximum Drawdown | 14.96 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 8.49 |
BTCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTCI's standard deviation. In reality, there are many statistical measures that can use BTCI historical prices to predict the future BTCI's volatility.| Risk Adjusted Performance | 0.1995 | |||
| Jensen Alpha | 0.6173 | |||
| Total Risk Alpha | 0.3027 | |||
| Sortino Ratio | 0.291 | |||
| Treynor Ratio | 0.5962 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BTCI's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BTCI Backtested Returns
BTCI appears to be very steady, given 3 months investment horizon. BTCI retains Efficiency (Sharpe Ratio) of 0.26, which signifies that the etf had a 0.26% return per unit of risk over the last 3 months. By inspecting BTCI's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please makes use of BTCI's coefficient of variation of 376.16, and Market Risk Adjusted Performance of 0.6062 to double-check if our risk estimates are consistent with your expectations. The etf owns a Beta (Systematic Risk) of 1.28, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BTCI will likely underperform.
Auto-correlation | 0.00 |
No correlation between past and present
BTCI has no correlation between past and present. Overlapping area represents the amount of predictability between BTCI time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BTCI price movement. The serial correlation of 0.0 indicates that just 0.0% of current BTCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BTCI lagged returns against current returns
Autocorrelation, which is BTCI etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BTCI's etf expected returns. We can calculate the autocorrelation of BTCI returns to help us make a trade decision. For example, suppose you find that BTCI has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
BTCI regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BTCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTCI etf over time.
Current vs Lagged Prices |
| Timeline |
BTCI Lagged Returns
When evaluating BTCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTCI etf have on its future price. BTCI autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BTCI autocorrelation shows the relationship between BTCI etf current value and its past values and can show if there is a momentum factor associated with investing in BTCI.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether BTCI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BTCI'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 Btci Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Btci Etf:Check out BTCI Correlation, BTCI Volatility and BTCI Alpha and Beta module to complement your research on BTCI. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.