Vaneck Bitcoin Trust Etf Statistic Functions Beta
| HODL Etf | 23.80 0.38 1.57% |
| Symbol |
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on VanEck Bitcoin Trust correlated with the market. If Beta is less than 0 VanEck Bitcoin generally moves in the opposite direction as compared to the market. If VanEck Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VanEck Bitcoin Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VanEck Bitcoin is generally in the same direction as the market. If Beta > 1 VanEck Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
VanEck Bitcoin Technical Analysis Modules
Most technical analysis of VanEck Bitcoin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for VanEck from various momentum indicators to cycle indicators. When you analyze VanEck charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About VanEck Bitcoin Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VanEck Bitcoin Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of VanEck Bitcoin Trust based on widely used predictive technical indicators. In general, we focus on analyzing VanEck Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VanEck Bitcoin's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of VanEck Bitcoin's intrinsic value. In addition to deriving basic predictive indicators for VanEck Bitcoin, we also check how macroeconomic factors affect VanEck Bitcoin price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck Bitcoin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VanEck Bitcoin in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VanEck Bitcoin's short interest history, or implied volatility extrapolated from VanEck Bitcoin options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Warren Buffett Holdings Invested few shares | |
 | Business Services Invested over 100 shares | |
 | Momentum Invested over 60 shares | |
 | Blockchain Invested few shares | |
 | Power Assets Invested over 300 shares | |
 | Adviser Favorites Invested few shares | |
 | Macroaxis Index Invested few shares | |
 | Chemicals Invested over 30 shares | |
 | Driverless Cars Invested over 300 shares | |
 | Artificial Intelligence Invested few shares | |
 | Investor Favorites Invested over 300 shares |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Bitcoin Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of VanEck Bitcoin Trust is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is VanEck 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 VanEck Bitcoin's market value can be influenced by many factors that don't directly affect VanEck 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 VanEck Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck 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.