Bitwise Crypto Valuation
| BITQ Etf | USD 19.70 1.06 5.11% |
At this time, the entity appears to be overvalued. Bitwise Crypto Industry shows a prevailing Real Value of $18.77 per share. The current price of the entity is $19.7. Our model approximates the value of Bitwise Crypto Industry from analyzing the entity fundamentals such as total asset of 63.04 M, and Equity Positions Weight of 99.71 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Bitwise Crypto's price fluctuation is not too volatile at this time. Calculation of the real value of Bitwise Crypto Industry is based on 3 months time horizon. Increasing Bitwise Crypto's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Bitwise Crypto's intrinsic value may or may not be the same as its current market price of 19.70, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.7 | Real 18.77 | Hype 19.7 | Naive 20.48 |
The intrinsic value of Bitwise Crypto's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Bitwise Crypto's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Bitwise Crypto Industry helps investors to forecast how Bitwise etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Bitwise Crypto more accurately as focusing exclusively on Bitwise Crypto's fundamentals will not take into account other important factors: About Bitwise Crypto Valuation
The etf valuation mechanism determines Bitwise Crypto's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Bitwise Crypto Industry based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bitwise Crypto. We calculate exposure to Bitwise Crypto's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Bitwise Crypto's related companies.The index was designed by Bitwise Index Services, LLC to measure the performance of companies involved in servicing the cryptocurrency markets, including crypto mining firms, crypto mining equipment suppliers, crypto financial services companies, or other financial institutions servicing primarily crypto-related clientele . Bitwise Crypto is traded on NYSEARCA Exchange in the United States.
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The market value of Bitwise Crypto Industry is measured differently than its book value, which is the value of Bitwise that is recorded on the company's balance sheet. Investors also form their own opinion of Bitwise Crypto's value that differs from its market value or its book value, called intrinsic value, which is Bitwise Crypto'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 Bitwise Crypto's market value can be influenced by many factors that don't directly affect Bitwise Crypto'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 Bitwise Crypto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Crypto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Crypto'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.