Purpose Bitcoin Financials
| BTCC Etf | CAD 15.47 0.02 0.13% |
Purpose |
The data published in Purpose Bitcoin's official financial statements typically reflect Purpose 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 Purpose Bitcoin's quantitative information. For example, before you start analyzing numbers published by Purpose accountants, it's essential to understand Purpose Bitcoin's liquidity, profitability, and earnings quality within the context of the Purpose Investments Inc. space in which it operates.
Purpose Bitcoin Etf Summary
Purpose Bitcoin competes with Purpose Floating, Purpose Ether, Purpose Conservative, Purpose Global, and Purpose Enhanced. PURPOSE BITCOIN is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA74642C1023 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Purpose Investments Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
Purpose Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Purpose Bitcoin's current stock value. Our valuation model uses many indicators to compare Purpose Bitcoin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Purpose Bitcoin competition to find correlations between indicators driving Purpose Bitcoin's intrinsic value. More Info.Purpose Bitcoin ETF is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs reporting about 0.89 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Purpose Bitcoin ETF is roughly 1.12 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Purpose Bitcoin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Purpose Bitcoin's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Purpose Bitcoin ETF Systematic Risk
Purpose Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Purpose 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Purpose Bitcoin ETF correlated with the market. If Beta is less than 0 Purpose Bitcoin generally moves in the opposite direction as compared to the market. If Purpose Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Purpose Bitcoin ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Purpose Bitcoin is generally in the same direction as the market. If Beta > 1 Purpose Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
Purpose Bitcoin March 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Purpose Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Purpose Bitcoin ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Purpose Bitcoin ETF based on widely used predictive technical indicators. In general, we focus on analyzing Purpose Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Purpose Bitcoin's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.94 | |||
| Value At Risk | (5.74) | |||
| Potential Upside | 4.33 |
Other Information on Investing in Purpose Etf
Purpose Bitcoin financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Bitcoin security.