Grayscale Bitcoin Financials
| GBTC Etf | USD 69.62 4.72 6.35% |
Grayscale |
The data published in Grayscale Bitcoin's official financial statements typically reflect Grayscale 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 Grayscale Bitcoin's quantitative information. For example, before you start analyzing numbers published by Grayscale accountants, it's essential to understand Grayscale Bitcoin's liquidity, profitability, and earnings quality within the context of the Financial space in which it operates.
Please note, the presentation of Grayscale 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, Grayscale Bitcoin's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Grayscale Bitcoin's management manipulating its earnings.
Grayscale Bitcoin Etf Summary
Grayscale Bitcoin competes with Riot Blockchain, Marathon Digital, Coinbase Global, and MicroStrategy Incorporated. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3896371099 |
| CUSIP | 389637109 09173T108 |
| Region | Global |
| Investment Issuer | Grayscale Advisors |
| Location | New York; U.S.A |
| Business Address | 636 Avenue |
| Etf Family | Financial |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
| Website | grayscale.co/bitcoin-investment-trust/#ove |
| Phone | 2128251768 |
| Currency | USD - US Dollar |
Grayscale Bitcoin Key Financial Ratios
Grayscale Financial Ratios Relationships
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. You can analyze the relationship between different fundamental ratios across Grayscale Bitcoin competition to find correlations between indicators driving Grayscale Bitcoin's intrinsic value. More Info.Grayscale Bitcoin Trust is one of the top ETFs in one year return as compared to similar ETFs. It also is one of the top ETFs in three year return as compared to similar ETFs reporting about 0.54 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Grayscale Bitcoin Trust is roughly 1.85 . 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 Bitcoin Trust Systematic Risk
Grayscale Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Grayscale 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 Grayscale Bitcoin Trust correlated with the market. If Beta is less than 0 Grayscale Bitcoin generally moves in the opposite direction as compared to the market. If Grayscale Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Grayscale Bitcoin Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Grayscale Bitcoin is generally in the same direction as the market. If Beta > 1 Grayscale Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
About Grayscale Bitcoin Financials
What exactly are Grayscale 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 Grayscale Bitcoin's income statement, its balance sheet, and the statement of cash flows. Potential Grayscale Bitcoin investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Grayscale Bitcoin investors may use each financial statement separately, they are all related. The changes in Grayscale Bitcoin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grayscale 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.Grayscale Bitcoin Thematic Clasifications
Grayscale Bitcoin Trust 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 IdeasGrayscale Bitcoin February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Grayscale Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Grayscale Bitcoin Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grayscale Bitcoin Trust based on widely used predictive technical indicators. In general, we focus on analyzing Grayscale Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grayscale Bitcoin's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.09 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 4.39 |
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.