Proshares Bitcoin Strategy Etf Performance
| BITO Etf | USD 19.10 0.53 2.70% |
The etf holds a Beta of 0.97, which implies possible diversification benefits within a given portfolio. ProShares Bitcoin returns are very sensitive to returns on the market. As the market goes up or down, ProShares Bitcoin is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ProShares Bitcoin Strategy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Etf's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
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6 | Stevens Capital Management LP Sells 64,233 Shares of ProShares Bitcoin ETF | 03/24/2025 |
| In Threey Sharp Ratio | 0.52 |
ProShares |
ProShares Bitcoin Relative Risk vs. Return Landscape
If you would invest 2,161 in ProShares Bitcoin Strategy on December 26, 2024 and sell it today you would lose (198.00) from holding ProShares Bitcoin Strategy or give up 9.16% of portfolio value over 90 days. ProShares Bitcoin Strategy is currently does not generate positive expected returns and assumes 2.9999% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of etfs are less volatile than ProShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ProShares Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProShares Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ProShares Bitcoin Strategy, and traders can use it to determine the average amount a ProShares 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 = -0.0385
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BITO |
Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProShares Bitcoin is not performing at its full potential. However, 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 ProShares Bitcoin by adding ProShares Bitcoin to a well-diversified portfolio.
ProShares Bitcoin Fundamentals Growth
ProShares Etf prices reflect investors' perceptions of the future prospects and financial health of ProShares Bitcoin, and ProShares Bitcoin 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 ProShares Etf performance.
| Total Asset | 614.68 M | |||
About ProShares Bitcoin Performance
By examining ProShares Bitcoin's fundamental ratios, stakeholders can obtain critical insights into ProShares Bitcoin's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that ProShares Bitcoin is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund adviser seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts. Proshares Bitcoin is traded on NYSEARCA Exchange in the United States.| ProShares Bitcoin generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Stevens Capital Management LP Sells 64,233 Shares of ProShares Bitcoin ETF |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Bitcoin Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of ProShares Bitcoin is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is ProShares 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 ProShares Bitcoin's market value can be influenced by many factors that don't directly affect ProShares 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 ProShares Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares 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.