Franklin Bitcoin Etf Performance
| EZBC Etf | 56.08 3.34 6.33% |
The etf shows a Beta (market volatility) of 2.12, which means 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, Franklin Bitcoin will likely underperform.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Bitcoin ETF are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent fundamental drivers, Franklin Bitcoin exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Franklin Bitcoin Relative Risk vs. Return Landscape
If you would invest 3,437 in Franklin Bitcoin ETF on August 29, 2024 and sell it today you would earn a total of 1,837 from holding Franklin Bitcoin ETF or generate 53.45% return on investment over 90 days. Franklin Bitcoin ETF is currently generating 0.7239% in daily expected returns and assumes 3.3179% risk (volatility on return distribution) over the 90 days horizon. In different words, 29% of etfs are less volatile than Franklin, and 86% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Franklin Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Franklin Bitcoin ETF, and traders can use it to determine the average amount a Franklin 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 = 0.2182
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Franklin Bitcoin is performing at about 17% 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 Franklin Bitcoin by adding it to a well-diversified portfolio.
About Franklin Bitcoin Performance
By analyzing Franklin Bitcoin's fundamental ratios, stakeholders can gain valuable insights into Franklin Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Franklin 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 Franklin Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Franklin Bitcoin is entity of United States. It is traded as Etf on BATS exchange.| Franklin Bitcoin ETF appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Bitcoin ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Franklin Bitcoin ETF is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Franklin 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 Franklin Bitcoin's market value can be influenced by many factors that don't directly affect Franklin 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 Franklin Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin 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.