Grayscale Bitcoin Trust Etf Performance
| GBTC Etf | USD 78.87 0.82 1.05% |
The etf retains a Market Volatility (i.e., Beta) of 2.36, 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
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Grayscale Bitcoin Trust are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Grayscale Bitcoin exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Grayscale Adds XRP Trust to Investment Lineup | 09/13/2024 |
2 | C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires 340 Shares of Grayscale Bitcoin Trust | 10/11/2024 |
3 | JPMorgan Boss Jamie Dimon Doubts Bitcoins 21M Supply Cap Despite 5 Lines In Source Code Imposing The Hard Limit You Guys All Believe That | 10/22/2024 |
4 | 5 ETFs to Tap the Ongoing Bitcoin Rally | 10/29/2024 |
5 | Golden State Equity Partners Sells 351 Shares of Grayscale Bitcoin Trust | 10/31/2024 |
6 | ETFs Set to Soar on Trumps Presidential Victory | 11/06/2024 |
7 | Insight into Murray Stahls Strategic Moves A Focus on Bitcoin Trust and Digital Assets | 11/13/2024 |
8 | FWG Holdings LLC Acquires 370 Shares of Grayscale Bitcoin Trust | 11/19/2024 |
9 | Bitcoin to Hit 2,00,000 in 2025 ETFs in Focus - Zacks Investment Research | 11/22/2024 |
| In Threey Sharp Ratio | 0.21 |
Grayscale |
Grayscale Bitcoin Relative Risk vs. Return Landscape
If you would invest 4,951 in Grayscale Bitcoin Trust on August 27, 2024 and sell it today you would earn a total of 2,936 from holding Grayscale Bitcoin Trust or generate 59.3% return on investment over 90 days. Grayscale Bitcoin Trust is currently generating 0.7815% in daily expected returns and assumes 3.2767% risk (volatility on return distribution) over the 90 days horizon. In different words, 29% of etfs are less volatile than Grayscale, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 Trust, 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 = 0.2385
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.28 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.24 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.
| Shares Outstanding | 175.75 M | |||
| Cash Flow From Operations | 9.34 B | |||
| Total Asset | 29.58 B | |||
| Retained Earnings | (2.61 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.
Grayscale Bitcoin Trust is an exchange traded fund launched and managed by Grayscale Investments, LLC. Grayscale Bitcoin Trust was formed on September 25, 2013 and is domiciled in United States. Bitcoin Invt is traded on OTC Exchange in the United States.| Grayscale Bitcoin appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitcoin to Hit 2,00,000 in 2025 ETFs in Focus - Zacks Investment Research | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Bitcoin Trust. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Grayscale Bitcoin Trust 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.