Vest Bitcoin Strategy Fund Manager Performance Evaluation
| BTCRX Fund | 29.94 0.00 0.00% |
The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vest Bitcoin are expected to decrease at a much lower rate. During the bear market, Vest Bitcoin is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Vest Bitcoin Strategy are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Vest Bitcoin showed solid returns over the last few months and may actually be approaching a breakup point.
...moreVest |
Vest Bitcoin Relative Risk vs. Return Landscape
If you would invest 2,128 in Vest Bitcoin Strategy on September 28, 2024 and sell it today you would earn a total of 866.00 from holding Vest Bitcoin Strategy or generate 40.7% return on investment over 90 days. Vest Bitcoin Strategy is currently producing 0.6564% returns and takes up 5.1683% volatility of returns over 90 trading days. Put another way, 46% of traded mutual funds are less volatile than Vest, and 87% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Vest Bitcoin Current Valuation
Overvalued
Today
Please note that Vest Bitcoin's price fluctuation is not too volatile at this time. Vest Bitcoin Strategy has a current Real Value of USD28.86 per share. The regular price of the fund is USD29.94. Our model measures the value of Vest Bitcoin Strategy from inspecting the fund technical indicators and probability of bankruptcy. In general, investors recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Vest Bitcoin is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Vest Mutual Fund. However, Vest Bitcoin's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 29.94 | Real 28.86 | Hype 29.94 |
The intrinsic value of Vest Bitcoin's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Vest Bitcoin's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Vest Bitcoin Strategy helps investors to forecast how Vest mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Vest Bitcoin more accurately as focusing exclusively on Vest Bitcoin's fundamentals will not take into account other important factors: Vest Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vest Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Vest Bitcoin Strategy, and traders can use it to determine the average amount a Vest Bitcoin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.127
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BTCRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.17 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Vest Bitcoin is performing at about 10% 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 Vest Bitcoin by adding it to a well-diversified portfolio.
About Vest Bitcoin Performance
Evaluating Vest Bitcoin's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Vest Bitcoin has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Vest Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The adviser seeks to achieve total return by constructing a dynamic portfolio with the aim of both managing the volatility of the fund and reducing the impact on the funds portfolio of significant market downturns during periods of high volatility in the price of Bitcoin. The fund invests substantially all of its assets in a combination of Bitcoin Futures and cash investments whose collective performance is designed to achieve total return with the aim of both managing the volatility of the fund and limiting losses due to severe sustained decline. The fund is non-diversified.Things to note about Vest Bitcoin Strategy performance evaluation
Checking the ongoing alerts about Vest Bitcoin for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Vest Bitcoin Strategy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Vest Bitcoin is way too risky over 90 days horizon | |
| Vest Bitcoin appears to be risky and price may revert if volatility continues |
- Analyzing Vest Bitcoin's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Vest Bitcoin's stock is overvalued or undervalued compared to its peers.
- Examining Vest Bitcoin's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Vest Bitcoin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Vest Bitcoin's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Vest Bitcoin's mutual fund. These opinions can provide insight into Vest Bitcoin's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Vest Mutual Fund
Vest Bitcoin financial ratios help investors to determine whether Vest 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 Vest with respect to the benefits of owning Vest Bitcoin security.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |