Valkyrie Bitcoin Futures Etf Price on September 23, 2024

BTFX Etf   58.12  0.39  0.68%   
If you're considering investing in Valkyrie Etf, it is important to understand the factors that can impact its price. As of today, the current price of Valkyrie Bitcoin stands at 58.12, as last reported on the 11th of December 2024, with the highest price reaching 60.14 and the lowest price hitting 55.62 during the day. Valkyrie Bitcoin is not too volatile given 3 months investment horizon. Valkyrie Bitcoin Futures owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the etf had a 0.26% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.74% are justified by taking the suggested risk. Use Valkyrie Bitcoin Futures Coefficient Of Variation of 375.38, risk adjusted performance of 0.2013, and Semi Deviation of 3.95 to evaluate company specific risk that cannot be diversified away.
  
Valkyrie Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2624

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Estimated Market Risk

 6.62
  actual daily
58
58% of assets are less volatile

Expected Return

 1.74
  actual daily
34
66% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Valkyrie Bitcoin is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Valkyrie Bitcoin by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

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Valkyrie Bitcoin Valuation on September 23, 2024

It is possible to determine the worth of Valkyrie Bitcoin on a given historical date. On September 23, 2024 Valkyrie was worth 25.94 at the beginning of the trading date compared to the closed value of 25.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Valkyrie Bitcoin etf. Still, in general, we apply an absolute valuation method to find Valkyrie Bitcoin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Valkyrie Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Valkyrie Bitcoin's related companies.
 Open High Low Close Volume
  25.59    25.94    25.35    25.54    15,522  
09/23/2024
  25.94    26.29    25.75    25.87    27,645  
  25.94    26.77    25.58    26.77    30,274  
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Open Value
25.94
25.87
Closing Value
45.79
Upside

Valkyrie Bitcoin Trading Date Momentum on September 23, 2024

On September 24 2024 Valkyrie Bitcoin Futures was traded for  26.77  at the closing time. The top price for the day was 26.77  and the lowest listed price was  25.58 . The trading volume for the day was 30.3 K. The trading history from September 24, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 3.48% . The trading price change against the current closing price is 1.20% .

About Valkyrie Bitcoin Etf history

Valkyrie Bitcoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Valkyrie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Valkyrie Bitcoin Futures will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Valkyrie Bitcoin stock prices may prove useful in developing a viable investing in Valkyrie Bitcoin

Valkyrie Bitcoin Etf Technical Analysis

Valkyrie Bitcoin technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Valkyrie Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Valkyrie Bitcoin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Valkyrie Bitcoin Period Price Range

Low
December 11, 2024
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Valkyrie Bitcoin Futures cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Valkyrie Bitcoin December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Valkyrie Bitcoin etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Valkyrie Bitcoin shares will generate the highest return on investment. By undertsting and applying Valkyrie Bitcoin etf market strength indicators, traders can identify Valkyrie Bitcoin Futures entry and exit signals to maximize returns

Valkyrie Bitcoin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Valkyrie Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Valkyrie Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Valkyrie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Valkyrie Bitcoin Futures offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valkyrie Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valkyrie Bitcoin Futures Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Valkyrie Bitcoin Futures Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Futures. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Valkyrie Bitcoin Futures is measured differently than its book value, which is the value of Valkyrie that is recorded on the company's balance sheet. Investors also form their own opinion of Valkyrie Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Valkyrie 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 Valkyrie Bitcoin's market value can be influenced by many factors that don't directly affect Valkyrie 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 Valkyrie Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valkyrie Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valkyrie 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.