Grayscale Bitcoin One Year Return vs. Net Asset
| BTC Etf | USD 42.75 0.12 0.28% |
For Grayscale Bitcoin profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grayscale Bitcoin to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grayscale Bitcoin Mini utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grayscale Bitcoin's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grayscale Bitcoin Mini over time as well as its relative position and ranking within its peers.
Grayscale |
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.
Grayscale Bitcoin Mini Net Asset vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grayscale Bitcoin's current stock value. Our valuation model uses many indicators to compare Grayscale Bitcoin value to that of its competitors to determine the firm's financial worth. Grayscale Bitcoin Mini is second largest ETF in one year return as compared to similar ETFs. It is the top ETF in net asset as compared to similar ETFs making up about 929,107 of Net Asset per One Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Grayscale Bitcoin's earnings, one of the primary drivers of an investment's value.Grayscale Net Asset vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Grayscale Bitcoin |
| = | 34.70 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Grayscale Bitcoin |
| = | 32.24 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Grayscale Bitcoin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grayscale Bitcoin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grayscale Bitcoin will eventually generate negative long term returns. The profitability progress is the general direction of Grayscale Bitcoin's change in net profit over the period of time. It can combine multiple indicators of Grayscale Bitcoin, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grayscale Bitcoin. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Grayscale Bitcoin position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Grayscale Bitcoin's important profitability drivers and their relationship over time.
Use Grayscale Bitcoin in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grayscale Bitcoin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grayscale Bitcoin will appreciate offsetting losses from the drop in the long position's value.Grayscale Bitcoin Pair Trading
Grayscale Bitcoin Mini Pair Trading Analysis
The ability to find closely correlated positions to Grayscale Bitcoin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grayscale Bitcoin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grayscale Bitcoin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grayscale Bitcoin Mini to buy it.
The correlation of Grayscale Bitcoin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grayscale Bitcoin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grayscale Bitcoin Mini moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Grayscale Bitcoin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Grayscale Bitcoin position
In addition to having Grayscale Bitcoin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Check out Trending Equities. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
To fully project Grayscale Bitcoin's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grayscale Bitcoin Mini at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Grayscale Bitcoin's income statement, its balance sheet, and the statement of cash flows.