Simplify Bitcoin Financials
| MAXI Etf | USD 31.02 0.53 1.74% |
Net Expense Ratio 0.1118 |
Simplify |
The data published in Simplify Bitcoin's official financial statements typically reflect Simplify 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 Simplify Bitcoin's quantitative information. For example, before you start analyzing numbers published by Simplify accountants, it's essential to understand Simplify Bitcoin's liquidity, profitability, and earnings quality within the context of the Simplify Asset Management space in which it operates.
Simplify Bitcoin Etf Summary
Simplify Bitcoin competes with ProShares Trust, IShares Ethereum, Volatility Shares, VanEck Ethereum, and Bitwise Ethereum. The fund is an actively managed exchange-traded fund . Simplify Bitcoin is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US82889N6739 |
| CUSIP | 82889N673 |
| Region | Global |
| Investment Issuer | Simplify Asset Management |
| Etf Family | Simplify Asset Management |
| Fund Category | Alternative Currency |
| Portfolio Concentration | Cryptocurrency |
| Benchmark | Dow Jones Industrial |
| Phone | 855 772 8488 |
| Currency | USD - US Dollar |
Simplify Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Simplify Bitcoin's current stock value. Our valuation model uses many indicators to compare Simplify Bitcoin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Simplify Bitcoin competition to find correlations between indicators driving Simplify Bitcoin's intrinsic value. More Info.Simplify Bitcoin Strategy is rated number one ETF in one year return as compared to similar ETFs. It also is rated number one ETF in net asset as compared to similar ETFs making up about 38,698 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 Simplify Bitcoin's earnings, one of the primary drivers of an investment's value.Simplify Bitcoin Strategy Systematic Risk
Simplify Bitcoin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Simplify 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Simplify Bitcoin Strategy correlated with the market. If Beta is less than 0 Simplify Bitcoin generally moves in the opposite direction as compared to the market. If Simplify Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Simplify Bitcoin Strategy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Simplify Bitcoin is generally in the same direction as the market. If Beta > 1 Simplify Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
About Simplify Bitcoin Financials
What exactly are Simplify 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 Simplify Bitcoin's income statement, its balance sheet, and the statement of cash flows. Potential Simplify Bitcoin investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Simplify Bitcoin investors may use each financial statement separately, they are all related. The changes in Simplify Bitcoin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Simplify 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.Simplify Bitcoin Thematic Clasifications
Simplify Bitcoin Strategy is part of several thematic ideas from Cryptocurrency ETFs to Alternative Currency 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 IdeasSimplify Bitcoin November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Simplify Bitcoin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Simplify Bitcoin Strategy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Simplify Bitcoin Strategy based on widely used predictive technical indicators. In general, we focus on analyzing Simplify Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Simplify Bitcoin's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.0 | |||
| Information Ratio | 0.1969 | |||
| Maximum Drawdown | 17.89 | |||
| Value At Risk | (4.54) | |||
| Potential Upside | 7.83 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Simplify Bitcoin Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Simplify Bitcoin Strategy is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Simplify 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 Simplify Bitcoin's market value can be influenced by many factors that don't directly affect Simplify 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 Simplify Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify 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.