Bitwise Bitcoin Financials
| BITB Etf | 47.92 3.23 6.31% |
Bitwise |
The data published in Bitwise Bitcoin's official financial statements typically reflect Bitwise Bitcoin's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Bitwise Bitcoin's quantitative information. For example, before you start analyzing numbers published by Bitwise accountants, it's essential to understand Bitwise Bitcoin's liquidity, profitability, and earnings quality within the context of the Digital Assets space in which it operates.
Please note, the presentation of Bitwise Bitcoin's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bitwise Bitcoin's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bitwise Bitcoin's management manipulating its earnings.
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US09174C1045 |
| CUSIP | 09174C104 |
| Region | Global |
| Investment Issuer | Bitwise Asset Management |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
Bitwise Bitcoin ETF Systematic Risk
Bitwise Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bitwise Bitcoin volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Bitwise Bitcoin ETF correlated with the market. If Beta is less than 0 Bitwise Bitcoin generally moves in the opposite direction as compared to the market. If Bitwise Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bitwise Bitcoin ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bitwise Bitcoin is generally in the same direction as the market. If Beta > 1 Bitwise Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
About Bitwise Bitcoin Financials
What exactly are Bitwise Bitcoin Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Bitwise Bitcoin's income statement, its balance sheet, and the statement of cash flows. Potential Bitwise Bitcoin investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Bitwise Bitcoin investors may use each financial statement separately, they are all related. The changes in Bitwise Bitcoin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bitwise Bitcoin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Bitwise Bitcoin Thematic Clasifications
Bitwise Bitcoin ETF is part of several thematic ideas from Alternative Currency ETFs to Cryptocurrency ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasBitwise Bitcoin February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bitwise Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bitwise Bitcoin ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bitwise Bitcoin ETF based on widely used predictive technical indicators. In general, we focus on analyzing Bitwise Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bitwise Bitcoin's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.96 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 4.39 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitwise 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 estimate. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Bitwise Bitcoin ETF 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 Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Bitwise 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 Bitwise Bitcoin's market value can be influenced by many factors that don't directly affect Bitwise 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 Bitwise Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise 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.