Btc Etf Fundamentals
| BTC Etf | USD 92.32 0.08 0.09% |
BTC fundamentals help investors to digest information that contributes to BTC's financial success or failures. It also enables traders to predict the movement of BTC Etf. The fundamental analysis module provides a way to measure BTC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BTC etf.
BTC |
BTC ETF Beta Analysis
BTC's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current BTC Beta | 1.21 |
Most of BTC's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BTC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, BTC has a Beta of 1.21. This is much higher than that of the ClearShares family and significantly higher than that of the Intermediate-Term Bond category. The beta for all United States etfs is notably lower than that of the firm.
BTC Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BTC's current stock value. Our valuation model uses many indicators to compare BTC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BTC competition to find correlations between indicators driving BTC's intrinsic value. More Info.BTC is the top ETF in price to earning as compared to similar ETFs. It is the top ETF in price to book as compared to similar ETFs fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for BTC is roughly 21.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value BTC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BTC's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BTC's earnings, one of the primary drivers of an investment's value.BTC Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BTC's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BTC could also be used in its relative valuation, which is a method of valuing BTC by comparing valuation metrics of similar companies.BTC is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for BTC
The fund consists of 94.09% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides BTC's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BTC will likely underperform.
BTC Fundamentals
| Return On Asset | 0.5 | |||
| Profit Margin | 13.82 % | |||
| Operating Margin | 28.41 % | |||
| Current Valuation | 107.17 M | |||
| Shares Outstanding | 21.67 M | |||
| Shares Owned By Insiders | 3.11 % | |||
| Shares Owned By Institutions | 28.70 % | |||
| Number Of Shares Shorted | 13.23 K | |||
| Price To Earning | 15.64 X | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 1.78 X | |||
| Revenue | 40.4 M | |||
| Net Income | 4.48 M | |||
| Cash And Equivalents | 24.14 M | |||
| Cash Per Share | 1.11 X | |||
| Total Debt | 59.36 M | |||
| Cash Flow From Operations | 23.09 M | |||
| Number Of Employees | 266 | |||
| Beta | 1.21 | |||
| Market Capitalization | 71.19 M | |||
| Total Asset | 32.24 M | |||
| Retained Earnings | (51.91 M) | |||
| Z Score | 0.6 | |||
| Net Asset | 32.24 M | |||
| Bond Positions Weight | 94.09 % |
About BTC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BTC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BTC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BTC based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The investment seeks current income consistent with the long term preservation of capital. ClearShares Piton is traded on PCX Exchange in the United States.
Pair Trading with BTC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BTC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BTC will appreciate offsetting losses from the drop in the long position's value.Moving together with BTC Etf
| 0.62 | SMI | VanEck Vectors ETF | PairCorr |
The ability to find closely correlated positions to BTC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BTC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BTC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BTC to buy it.
The correlation of BTC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BTC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BTC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BTC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.