Bitcoin Etf Cad Etf Performance
EBIT Etf | CAD 42.81 0.03 0.07% |
The etf shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Bitcoin ETF returns are very sensitive to returns on the market. As the market goes up or down, Bitcoin ETF is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Bitcoin ETF CAD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak 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
1 | Intl Preferred Stock Ishares ETF Quote - Press Release - The Globe and Mail | 01/16/2025 |
2 | Long Term Investment Analysis - Stock Traders Daily | 02/13/2025 |
3 | 4 Sector ETFs Hard Hit From Escalating Trade War - TradingView | 03/05/2025 |
Bitcoin |
Bitcoin ETF Relative Risk vs. Return Landscape
If you would invest 4,742 in Bitcoin ETF CAD on December 22, 2024 and sell it today you would lose (461.00) from holding Bitcoin ETF CAD or give up 9.72% of portfolio value over 90 days. Bitcoin ETF CAD is generating negative expected returns and assumes 3.0317% volatility on return distribution over the 90 days horizon. Simply put, 27% of etfs are less volatile than Bitcoin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Bitcoin ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Bitcoin ETF CAD, and traders can use it to determine the average amount a Bitcoin ETF'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 = -0.0403
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | EBIT |
Estimated Market Risk
3.03 actual daily | 27 73% 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 Bitcoin ETF 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 Bitcoin ETF by adding Bitcoin ETF to a well-diversified portfolio.
Bitcoin ETF Fundamentals Growth
Bitcoin Etf prices reflect investors' perceptions of the future prospects and financial health of Bitcoin ETF, and Bitcoin ETF 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 Bitcoin Etf performance.
About Bitcoin ETF Performance
By examining Bitcoin ETF's fundamental ratios, stakeholders can obtain critical insights into Bitcoin ETF'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 Bitcoin ETF 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.
BITCOIN ETF is traded on Toronto Stock Exchange in Canada.Bitcoin ETF CAD generated a negative expected return over the last 90 days | |
Bitcoin ETF CAD has high historical volatility and very poor performance | |
Latest headline from news.google.com: 4 Sector ETFs Hard Hit From Escalating Trade War - TradingView |
Other Information on Investing in Bitcoin Etf
Bitcoin ETF financial ratios help investors to determine whether Bitcoin Etf 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 Bitcoin with respect to the benefits of owning Bitcoin ETF security.