Valkyrie Bitcoin Futures Etf Price on October 28, 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 Semi Deviation of 3.95, coefficient of variation of 375.38, and Risk Adjusted Performance of 0.2013 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.
Valkyrie |
Sharpe Ratio = 0.2624
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| Average Returns | BTFX | |||
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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 |
Valkyrie Bitcoin Valuation on October 28, 2024
It is possible to determine the worth of Valkyrie Bitcoin on a given historical date. On October 28, 2024 Valkyrie was worth 32.05 at the beginning of the trading date compared to the closed value of 32.7. 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 | |
| 31.32 | 31.96 | 29.60 | 30.13 | 38,962 | |
10/28/2024 | 32.05 | 32.98 | 31.71 | 32.70 | 15,892 |
| 34.21 | 36.41 | 34.01 | 35.56 | 62,373 |
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Valkyrie Bitcoin Trading Date Momentum on October 28, 2024
| On October 29 2024 Valkyrie Bitcoin Futures was traded for 35.56 at the closing time. The top price for the day was 36.41 and the lowest listed price was 34.01 . The trading volume for the day was 62.4 K. The trading history from October 29, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 8.75% . The trading price change against the current closing price is 13.98% . |
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.
Price Boundaries
Valkyrie Bitcoin Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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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.
| Risk Adjusted Performance | 0.2013 | |||
| Jensen Alpha | 1.29 | |||
| Total Risk Alpha | 0.6889 | |||
| Sortino Ratio | 0.3366 | |||
| Treynor Ratio | 0.4597 |
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| Volume Indicators |
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.