Grayscale Bitcoin Mini Etf Performance
| BTC Etf | USD 44.05 0.45 1.03% |
The etf retains a Market Volatility (i.e., Beta) of 2.4, which attests to 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, Grayscale Bitcoin will likely underperform.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Grayscale Bitcoin Mini are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent basic indicators, Grayscale Bitcoin exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Grayscale |
Grayscale Bitcoin Relative Risk vs. Return Landscape
If you would invest 2,805 in Grayscale Bitcoin Mini on August 24, 2024 and sell it today you would earn a total of 1,600 from holding Grayscale Bitcoin Mini or generate 57.04% return on investment over 90 days. Grayscale Bitcoin Mini is generating 0.7594% of daily returns assuming volatility of 3.294% on return distribution over 90 days investment horizon. In other words, 29% of etfs are less volatile than Grayscale, and above 85% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Grayscale Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Grayscale Bitcoin Mini, and traders can use it to determine the average amount a Grayscale Bitcoin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2306
| Best Portfolio | Best Equity | |||
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| Small Returns | BTC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Grayscale Bitcoin is performing at about 18% 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 Grayscale Bitcoin by adding it to a well-diversified portfolio.
Grayscale Bitcoin Fundamentals Growth
Grayscale Etf prices reflect investors' perceptions of the future prospects and financial health of Grayscale Bitcoin, and Grayscale Bitcoin fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Grayscale Etf performance.
| Return On Asset | 0.5 | |||
| Profit Margin | 13.82 % | |||
| Operating Margin | 28.41 % | |||
| Current Valuation | 107.17 M | |||
| Shares Outstanding | 21.67 M | |||
| Price To Earning | 15.64 X | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 1.78 X | |||
| Revenue | 40.4 M | |||
| Cash And Equivalents | 24.14 M | |||
| Cash Per Share | 1.11 X | |||
| Total Debt | 59.36 M | |||
| Cash Flow From Operations | 23.09 M | |||
| Total Asset | 32.24 M | |||
| Retained Earnings | (51.91 M) | |||
About Grayscale Bitcoin Performance
By analyzing Grayscale Bitcoin's fundamental ratios, stakeholders can gain valuable insights into Grayscale Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Grayscale Bitcoin has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Grayscale Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment seeks current income consistent with the long term preservation of capital. ClearShares Piton is traded on PCX Exchange in the United States.| Grayscale Bitcoin appears to be risky and price may revert if volatility continues | |
| Latest headline from benzinga.com: Bitcoin, Dogecoin Gain, Ethereum Drops As BlackRocks ETF Options Volume Breaches 1B On Debut Analyst Flags Opportunity To Buy ETH Before It Outperforms BTC | |
| Grayscale Bitcoin Mini generated five year return of -3.0% | |
| This fund holds about 94.09% of its assets under management (AUM) in fixed income securities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grayscale Bitcoin Mini. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Grayscale Bitcoin Mini is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Grayscale 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 Grayscale Bitcoin's market value can be influenced by many factors that don't directly affect Grayscale 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 Grayscale Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale 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.