Bitcoin Tracker (Sweden) Profile
| BITCOIN-XBTE | EUR 2,783 2.81 0.10% |
Performance15 of 100
| Odds Of DistressLess than 9
|
Bitcoin Tracker is selling at 2782.58 as of the 28th of April 2024; that is 0.10% increase since the beginning of the trading day. The etf's open price was 2779.77. Bitcoin Tracker has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Bitcoin Tracker EUR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
The Issuer was formed in January 2015 as a special purpose vehicle meaning that the only business of the Issuer is to issue securities. XBT Provider is traded on Stockholm Stock Exchange in Sweden. More on Bitcoin Tracker EUR
Moving together with Bitcoin Etf
| 0.8 | XACTHDIV | XACT Nordic High | PairCorr |
| 0.92 | XACT-SVERIGE | XACT Sverige | PairCorr |
| 0.91 | XACT-BULL | XACT Bull | PairCorr |
| 0.9 | XACT-OMXS30 | XACT OMXS30 ESG | PairCorr |
Moving against Bitcoin Etf
| 0.92 | XACT-BEAR-2 | XACT Bear 2 | PairCorr |
| 0.91 | XACT-BEAR | XACT Bear | PairCorr |
Bitcoin Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bitcoin Tracker's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bitcoin Tracker or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | null, XBT Provider AB (View all Sectors) |
| As Of Date | May 31, 2019 |
Bitcoin Tracker EUR [BITCOIN-XBTE] is traded in Sweden and was established 2015-09-15. The fund is listed under null category and is part of XBT Provider AB family. Bitcoin Tracker EUR currently have 243.39 M in assets under management (AUM). , while the total return for the last 3 years was 130.34%.
Check Bitcoin Tracker Probability Of Bankruptcy
Bitcoin Tracker Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Bitcoin Tracker jumping above the current price in 90 days from now is about 32.04%. The Bitcoin Tracker EUR probability density function shows the probability of Bitcoin Tracker etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Bitcoin Tracker has a beta of 0.7407 suggesting as returns on the market go up, Bitcoin Tracker average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bitcoin Tracker EUR will be expected to be much smaller as well. Additionally, bitcoin Tracker EUR has an alpha of 0.7769, implying that it can generate a 0.78 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Bitcoin Tracker to move above the current price in 90 days from now is about 32.04 (This Bitcoin Tracker EUR probability density function shows the probability of Bitcoin Etf to fall within a particular range of prices over 90 days) .
Bitcoin Tracker EUR Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bitcoin Tracker market risk premium is the additional return an investor will receive from holding Bitcoin Tracker long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bitcoin Tracker. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bitcoin Tracker's alpha and beta are two of the key measurements used to evaluate Bitcoin Tracker's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.96 | |||
| Semi Deviation | 2.47 | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.23 |
Bitcoin Tracker EUR Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Bitcoin Tracker EUR Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Bitcoin Tracker price patterns.
Bitcoin Tracker Against Markets
Picking the right benchmark for Bitcoin Tracker etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bitcoin Tracker etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bitcoin Tracker is critical whether you are bullish or bearish towards Bitcoin Tracker EUR at a given time. Please also check how Bitcoin Tracker's historical prices are related to one of the top price index indicators.
| NYA | 0.18 | |||||
| BITCOIN-XBTE | 0.10 |
| Compare Correlations |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bitcoin Tracker without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Investing OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences |
| All Next | Launch Module |
How to buy Bitcoin Etf?
Before investing in Bitcoin Tracker, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bitcoin Tracker. To buy Bitcoin Tracker etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bitcoin Tracker. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Bitcoin Tracker etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bitcoin Tracker EUR etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Bitcoin Tracker EUR etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Bitcoin Tracker EUR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Bitcoin Tracker EUR?
The danger of trading Bitcoin Tracker EUR is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bitcoin Tracker is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bitcoin Tracker. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bitcoin Tracker EUR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin Tracker EUR. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.