Bitcoin Strategy Profund Fund Buy Hold or Sell Recommendation
| BTCFX Fund | USD 32.99 2.03 6.56% |
Assuming the 90 days horizon and complete risk avoidance on your part, our recommendation regarding Bitcoin Strategy Profund is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bitcoin Strategy Profund given historical horizon and risk tolerance towards Bitcoin Strategy. When Macroaxis issues a 'buy' or 'sell' recommendation for Bitcoin Strategy Profund, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Bitcoin Strategy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Bitcoin and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Bitcoin Strategy Profund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.
Bitcoin |
Execute Bitcoin Strategy Buy or Sell Advice
The Bitcoin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bitcoin Strategy Profund. Macroaxis does not own or have any residual interests in Bitcoin Strategy Profund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bitcoin Strategy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details |
Bitcoin Strategy Trading Alerts and Improvement Suggestions
| Bitcoin Strategy appears to be risky and price may revert if volatility continues | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Bitcoin Strategy Returns Distribution Density
The distribution of Bitcoin Strategy's historical returns is an attempt to chart the uncertainty of Bitcoin Strategy's future price movements. The chart of the probability distribution of Bitcoin Strategy daily returns describes the distribution of returns around its average expected value. We use Bitcoin Strategy Profund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bitcoin Strategy returns is essential to provide solid investment advice for Bitcoin Strategy.
| Mean Return | 0.79 | Value At Risk | -3.63 | Potential Upside | 6.56 | Standard Deviation | 3.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bitcoin Strategy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bitcoin Strategy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bitcoin Strategy or ProFunds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bitcoin Strategy's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bitcoin fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | 1.98 | |
σ | Overall volatility | 3.40 | |
Ir | Information ratio | 0.19 |
Bitcoin Strategy Volatility Alert
Bitcoin Strategy Profund currently demonstrates below-average downside deviation. It has Information Ratio of 0.19 and Jensen Alpha of 0.53. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bitcoin Strategy's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bitcoin Strategy's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bitcoin Strategy Fundamentals Vs Peers
Comparing Bitcoin Strategy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bitcoin Strategy's direct or indirect competition across all of the common fundamentals between Bitcoin Strategy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bitcoin Strategy or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Bitcoin Strategy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bitcoin Strategy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bitcoin Strategy to competition |
| Fundamentals | Bitcoin Strategy | Peer Average |
| Net Asset | 31.96 M | 4.11 B |
| Minimum Initial Investment | 1 K | 976.16 K |
Bitcoin Strategy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bitcoin . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 32.99 | |||
| Day Typical Price | 32.99 | |||
| Price Action Indicator | 1.02 | |||
| Period Momentum Indicator | 2.03 | |||
| Relative Strength Index | 82.18 |
About Bitcoin Strategy Buy or Sell Advice
When is the right time to buy or sell Bitcoin Strategy Profund? Buying financial instruments such as Bitcoin Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Bitcoin Strategy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Target Outcome ETFs Thematic Idea Now
Target Outcome ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 93 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Target Outcome ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Bitcoin Mutual Fund
Bitcoin Strategy financial ratios help investors to determine whether Bitcoin Mutual Fund 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 Bitcoin with respect to the benefits of owning Bitcoin Strategy security.
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