Valkyrie Bitcoin Valuation
| WGMI Etf | USD 16.15 1.35 9.12% |
At this time, the etf appears to be fairly valued. Valkyrie Bitcoin Miners has a current Real Value of $14.65 per share. The regular price of the etf is $16.15. Our model measures the value of Valkyrie Bitcoin Miners from inspecting the etf fundamentals such as Return On Asset of -44.32, price to book of 20.00 X, and Current Valuation of 16.22 M as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Valkyrie Bitcoin's price fluctuation is somewhat reliable at this time. Calculation of the real value of Valkyrie Bitcoin Miners is based on 3 months time horizon. Increasing Valkyrie Bitcoin's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Valkyrie Bitcoin is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Valkyrie Etf. However, Valkyrie Bitcoin'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 16.15 | Real 14.65 | Hype 13.74 | Naive 16.3 |
The intrinsic value of Valkyrie Bitcoin's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Valkyrie Bitcoin's stock price.
Estimating the potential upside or downside of Valkyrie Bitcoin Miners helps investors to forecast how Valkyrie etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Valkyrie Bitcoin more accurately as focusing exclusively on Valkyrie Bitcoin's fundamentals will not take into account other important factors: Valkyrie Bitcoin Total Value Analysis
Valkyrie Bitcoin Miners is at this time expected to have valuation of 16.22 M with market capitalization of 14.38 M, debt of 4.38 M, and cash on hands of 6.96 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Valkyrie Bitcoin fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
16.22 M | 14.38 M | 4.38 M | 6.96 M |
Valkyrie Bitcoin Investor Information
Valkyrie Bitcoin is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 18 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 0.75 percent of total asset. The fund keeps 95.83% of net assets in stocks. Based on the analysis of Valkyrie Bitcoin's profitability, liquidity, and operating efficiency, Valkyrie Bitcoin Miners is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April.Valkyrie Bitcoin Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Valkyrie Bitcoin has an asset utilization ratio of 478.46 percent. This signifies that the ETF is making $4.78 for each dollar of assets. An increasing asset utilization means that Valkyrie Bitcoin Miners is more efficient with each dollar of assets it utilizes for everyday operations.Valkyrie Bitcoin Profitability Analysis
The company reported the previous year's revenue of 11.77 M. Net Loss for the year was (3.74 M) with profit before overhead, payroll, taxes, and interest of 769.49 K.About Valkyrie Bitcoin Valuation
An absolute valuation paradigm, as applied to Valkyrie Etf, attempts to find the value of Valkyrie Bitcoin Miners based on its fundamental and basic technical indicators. By analyzing Valkyrie Bitcoin's financials, quarterly and monthly indicators, and their related drivers, such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Valkyrie Bitcoin's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Valkyrie Bitcoin. We calculate exposure to Valkyrie Bitcoin's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Valkyrie Bitcoin's related companies.The fund is an actively-managed exchange-traded fund that will invest at least 80 percent of its net assets in securities of companies that derive at least 50 percent of their revenue or profits from bitcoin mining operations andor from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. Valkyrie Bitcoin is traded on NASDAQ Exchange in the United States.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Valkyrie Bitcoin Miners is measured differently than its book value, which is the value of Valkyrie that is recorded on the company's balance sheet. Investors also form their own opinion of Valkyrie Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Valkyrie 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 Valkyrie Bitcoin's market value can be influenced by many factors that don't directly affect Valkyrie 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 Valkyrie Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valkyrie Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valkyrie 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.