Simplify Bitcoin Strategy Etf Market Value
| MAXI Etf | USD 31.57 2.44 8.38% |
| Symbol | Simplify |
The market value of Simplify Bitcoin Strategy is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Simplify 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 Simplify Bitcoin's market value can be influenced by many factors that don't directly affect Simplify 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 Simplify Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify 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.
Simplify Bitcoin '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 Simplify Bitcoin'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 Simplify Bitcoin.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Simplify Bitcoin on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Simplify Bitcoin Strategy or generate 0.0% return on investment in Simplify Bitcoin over 30 days. Simplify Bitcoin is related to or competes with ProShares Trust, IShares Ethereum, Volatility Shares, VanEck Ethereum, Bitwise Ethereum, and Franklin Bitcoin. The fund is an actively managed exchange-traded fund More
Simplify Bitcoin 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 Simplify Bitcoin'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 Simplify Bitcoin Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.75 | |||
| Information Ratio | 0.1752 | |||
| Maximum Drawdown | 25.07 | |||
| Value At Risk | (6.39) | |||
| Potential Upside | 8.22 |
Simplify Bitcoin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplify Bitcoin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simplify Bitcoin's standard deviation. In reality, there are many statistical measures that can use Simplify Bitcoin historical prices to predict the future Simplify Bitcoin's volatility.| Risk Adjusted Performance | 0.16 | |||
| Jensen Alpha | 0.8243 | |||
| Total Risk Alpha | 0.7249 | |||
| Sortino Ratio | 0.1715 | |||
| Treynor Ratio | 1.61 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simplify Bitcoin'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.
Simplify Bitcoin Strategy Backtested Returns
Simplify Bitcoin appears to be not too volatile, given 3 months investment horizon. Simplify Bitcoin Strategy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the etf had a 0.19 % return per unit of risk over the last 3 months. By inspecting Simplify Bitcoin's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please review Simplify Bitcoin's Risk Adjusted Performance of 0.16, semi deviation of 4.13, and Coefficient Of Variation of 550.56 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Simplify Bitcoin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Simplify Bitcoin is expected to be smaller as well.
Auto-correlation | 0.55 |
Modest predictability
Simplify Bitcoin Strategy has modest predictability. Overlapping area represents the amount of predictability between Simplify Bitcoin time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Simplify Bitcoin Strategy price movement. The serial correlation of 0.55 indicates that about 55.0% of current Simplify Bitcoin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 3.45 |
Simplify Bitcoin Strategy lagged returns against current returns
Autocorrelation, which is Simplify Bitcoin 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 Simplify Bitcoin's etf expected returns. We can calculate the autocorrelation of Simplify Bitcoin returns to help us make a trade decision. For example, suppose you find that Simplify Bitcoin 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 |
Simplify Bitcoin 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 Simplify Bitcoin etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simplify Bitcoin etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simplify Bitcoin etf over time.
Current vs Lagged Prices |
| Timeline |
Simplify Bitcoin Lagged Returns
When evaluating Simplify Bitcoin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simplify Bitcoin etf have on its future price. Simplify Bitcoin 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, Simplify Bitcoin autocorrelation shows the relationship between Simplify Bitcoin etf current value and its past values and can show if there is a momentum factor associated with investing in Simplify Bitcoin Strategy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Simplify Bitcoin Strategy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Simplify 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 Simplify Bitcoin Strategy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Simplify Bitcoin Strategy Etf:Check out Simplify Bitcoin Correlation, Simplify Bitcoin Volatility and Simplify Bitcoin Alpha and Beta module to complement your research on Simplify Bitcoin. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Simplify 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.