Xbtf Etf Beta
XBTF fundamentals help investors to digest information that contributes to XBTF's financial success or failures. It also enables traders to predict the movement of XBTF Etf. The fundamental analysis module provides a way to measure XBTF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to XBTF etf.
XBTF |
XBTF ETF Beta Analysis
XBTF's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, XBTF has a Beta of 0.0. This indicator is about the same for the VanEck average (which is currently at 0.0) family and about the same as Digital Assets (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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| All Next | Launch Module |
XBTF Fundamentals
| Total Asset | 21.92 M | |||
| One Year Return | 58.70 % | |||
| Net Asset | 21.92 M |
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Other Tools for XBTF Etf
When running XBTF's price analysis, check to measure XBTF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy XBTF is operating at the current time. Most of XBTF's value examination focuses on studying past and present price action to predict the probability of XBTF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XBTF's price. Additionally, you may evaluate how the addition of XBTF to your portfolios can decrease your overall portfolio volatility.
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