Btc Etf Profile
BTC is trading at 92.32 as of the 15th of June 2024, a -0.09 percent decrease since the beginning of the trading day. The etf's open price was 92.4. Equity ratings for BTC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of June 2022 and ending today, the 15th of June 2024. Click here to learn more.
BTC Etf Highlights
| Old Names | [ClearShares Piton Intermediate Fixed Income ETF, Begistics Public Company Limited] |
| Business Concentration | Intermediate-Term Bond, ClearShares (View all Sectors) |
| Nav Price | 99.53 |
| Two Hundred Day Average | 99.18 |
| Ytd | -1.03% |
| Average Daily Volume In Three Month | 869 |
| Fifty Two Week Low | 98.48 |
| As Of Date | 30th of June 2021 |
| Average Daily Volume Last 10 Day | 2.42k |
| Fifty Two Week High | 100.89 |
| Fifty Day Average | 99.25 |
| Three Month | 0.60% |
BTC [BTC] is traded in USA and was established 2020-10-01. The fund is classified under Intermediate-Term Bond category within ClearShares family. BTC currently have 32.24 M in assets under management (AUM).
BTC has about 24.14 M in cash with 23.09 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11.
Check BTC Probability Of Bankruptcy
Top BTC Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
| OPER | ClearShares Ultra Short Maturity | Etf | Ultrashort Bond |
BTC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BTC market risk premium is the additional return an investor will receive from holding BTC 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 BTC. 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 BTC's alpha and beta are two of the key measurements used to evaluate BTC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2696 | |||
| Standard Deviation | 0.3854 | |||
| Variance | 0.1485 | |||
| Risk Adjusted Performance | (0.14) |
BTC Against Markets
BTC Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BTC etf to make a market-neutral strategy. Peer analysis of BTC could also be used in its relative valuation, which is a method of valuing BTC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Additional Information and Resources on Investing in BTC Etf
When determining whether BTC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BTC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Btc Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Btc Etf:Check out Trending Equities to better understand how to build diversified portfolios. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of BTC is measured differently than its book value, which is the value of BTC that is recorded on the company's balance sheet. Investors also form their own opinion of BTC's value that differs from its market value or its book value, called intrinsic value, which is BTC'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 BTC's market value can be influenced by many factors that don't directly affect BTC'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 BTC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTC'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.