Valkyrie Bitcoin Financial Statements From 2010 to 2024
| WGMI Etf | USD 17.12 0.22 1.30% |
Check Valkyrie Bitcoin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Valkyrie main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Valkyrie financial statements analysis is a perfect complement when working with Valkyrie Bitcoin Valuation or Volatility modules.
Valkyrie |
Valkyrie Bitcoin Miners ETF Price To Book Analysis
Valkyrie Bitcoin's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Valkyrie Bitcoin Price To Book | 20.00 X |
Most of Valkyrie Bitcoin's fundamental indicators, such as Price To Book, 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, Valkyrie Bitcoin Miners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Valkyrie Bitcoin Miners has a Price To Book of 20.0 times. This is much higher than that of the Valkyrie ETF Trust II family and significantly higher than that of the Digital Assets category. The price to book for all United States etfs is notably lower than that of the firm.
Valkyrie Bitcoin Miners Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Valkyrie Bitcoin's current stock value. Our valuation model uses many indicators to compare Valkyrie Bitcoin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Valkyrie Bitcoin competition to find correlations between indicators driving Valkyrie Bitcoin's intrinsic value. More Info.Valkyrie Bitcoin Miners is rated first in price to book as compared to similar ETFs. It is rated first in price to sales as compared to similar ETFs fabricating about 0.08 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Valkyrie Bitcoin Miners is roughly 12.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Valkyrie Bitcoin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Valkyrie Bitcoin'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 Valkyrie Bitcoin's earnings, one of the primary drivers of an investment's value.About Valkyrie Bitcoin Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Valkyrie Bitcoin income statement, its balance sheet, and the statement of cash flows. Valkyrie Bitcoin investors use historical funamental indicators, such as Valkyrie Bitcoin's revenue or net income, to determine how well the company is positioned to perform in the future. Although Valkyrie Bitcoin investors may use each financial statement separately, they are all related. The changes in Valkyrie Bitcoin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Valkyrie Bitcoin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Valkyrie Bitcoin Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Valkyrie Bitcoin. Please read more on our technical analysis and fundamental analysis pages.
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.
Currently Active Assets on Macroaxis
| MSFT | Microsoft | |
| GM | General Motors | |
| CRM | Salesforce | |
| MSFT | Microsoft | |
| GOOG | Alphabet Inc Class C |
Check out the analysis of Valkyrie Bitcoin Correlation against competitors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.