Cboe Vest Bitcoin Fund Manager Performance Evaluation
| BTCYX Fund | USD 29.69 0.93 3.04% |
The fund shows a Beta (market volatility) of -0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cboe Vest are expected to decrease at a much lower rate. During the bear market, Cboe Vest is likely to outperform the market.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Cboe Vest Bitcoin are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Cboe Vest showed solid returns over the last few months and may actually be approaching a breakup point.
...moreCboe |
Cboe Vest Relative Risk vs. Return Landscape
If you would invest 2,093 in Cboe Vest Bitcoin on September 28, 2024 and sell it today you would earn a total of 876.00 from holding Cboe Vest Bitcoin or generate 41.85% return on investment over 90 days. Cboe Vest Bitcoin is currently producing 0.6095% returns and takes up 3.0274% volatility of returns over 90 trading days. Put another way, 26% of traded mutual funds are less volatile than Cboe, and 88% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Cboe Vest Current Valuation
Overvalued
Today
Please note that Cboe Vest's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Cboe Vest Bitcoin shows a prevailing Real Value of $27.69 per share. The current price of the fund is $29.69. We determine the value of Cboe Vest Bitcoin from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Cboe Vest is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Cboe Mutual Fund. However, Cboe Vest'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 29.69 | Real 27.69 | Hype 29.69 |
The intrinsic value of Cboe Vest'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 Cboe Vest'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 Cboe Vest Bitcoin helps investors to forecast how Cboe 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 Cboe Vest more accurately as focusing exclusively on Cboe Vest's fundamentals will not take into account other important factors: Cboe Vest Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cboe Vest's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Cboe Vest Bitcoin, and traders can use it to determine the average amount a Cboe Vest'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 = 0.2013
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BTCYX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Cboe Vest is performing at about 15% 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 Cboe Vest by adding it to a well-diversified portfolio.
Cboe Vest Fundamentals Growth
Cboe Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Cboe Vest, and Cboe Vest fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cboe Mutual Fund performance.
| Total Asset | 658.4 K | ||||
About Cboe Vest Performance
Evaluating Cboe Vest's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cboe Vest 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 Cboe Vest 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 Cboe Vest Bitcoin performance evaluation
Checking the ongoing alerts about Cboe Vest for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Cboe Vest Bitcoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cboe Vest Bitcoin appears to be risky and price may revert if volatility continues | |
| The fund holds about 79.2% of its assets under management (AUM) in cash |
- Analyzing Cboe Vest'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 Cboe Vest's stock is overvalued or undervalued compared to its peers.
- Examining Cboe Vest'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 Cboe Vest's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cboe Vest's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Cboe Vest's mutual fund. These opinions can provide insight into Cboe Vest's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Cboe Mutual Fund
Cboe Vest financial ratios help investors to determine whether Cboe 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 Cboe with respect to the benefits of owning Cboe Vest security.
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