Valkyrie Bitcoin Miners Etf Price History

WGMI Etf  USD 16.17  0.95  5.55%   
If you're considering investing in Valkyrie Etf, it is important to understand the factors that can impact its price. As of today, the current price of Valkyrie Bitcoin stands at 16.17, as last reported on the 23rd of May, with the highest price reaching 18.10 and the lowest price hitting 16.17 during the day. We consider Valkyrie Bitcoin somewhat reliable. Valkyrie Bitcoin Miners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0268, which indicates the etf had a 0.0268% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Valkyrie Bitcoin Miners, which you can use to evaluate the volatility of the etf. Please validate Valkyrie Bitcoin's Semi Deviation of 4.63, coefficient of variation of 9187.83, and Risk Adjusted Performance of 0.0152 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
  
Valkyrie Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0268

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Estimated Market Risk

 5.47
  actual daily
48
52% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Valkyrie Bitcoin is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Valkyrie Bitcoin by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
1.4 K

Valkyrie Bitcoin Etf Price History Chart

There are several ways to analyze Valkyrie Bitcoin Miners Etf price data. The simplest method is using a basic Valkyrie candlestick price chart, which shows Valkyrie Bitcoin price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 28, 202418.6
Lowest PriceApril 16, 202413.14

Valkyrie Bitcoin May 23, 2024 Etf Price Synopsis

Various analyses of Valkyrie Bitcoin's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Valkyrie Etf. It can be used to describe the percentage change in the price of Valkyrie Bitcoin from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Valkyrie Etf.
Valkyrie Bitcoin Price Daily Balance Of Power(0.49)
Valkyrie Bitcoin Price Rate Of Daily Change 0.94 
Valkyrie Bitcoin Price Action Indicator(1.44)

Valkyrie Bitcoin May 23, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in Valkyrie Bitcoin Miners Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Valkyrie Bitcoin intraday prices and daily technical indicators to check the level of noise trading in Valkyrie Bitcoin Miners Etf and then apply it to test your longer-term investment strategies against Valkyrie.

Valkyrie Etf Price History Data

The price series of Valkyrie Bitcoin for the period between Fri, Feb 23, 2024 and Thu, May 23, 2024 has a statistical range of 6.99 with a coefficient of variation of 9.72. The daily prices for the period are distributed with arithmetic mean of 16.1. The median price for the last 90 days is 15.9.
OpenHighLowCloseVolume
05/23/2024
 17.12  18.10  16.17  16.17 
05/22/2024 16.84  18.10  16.84  17.12  288,312 
05/21/2024 16.90  17.12  16.55  16.90  207,400 
05/20/2024 15.45  16.83  15.14  16.71  382,500 
05/17/2024 15.62  16.15  15.27  15.32  226,700 
05/16/2024 15.40  15.90  15.33  15.42  136,299 
05/15/2024 14.98  15.62  14.43  15.55  257,600 
05/14/2024 14.09  14.64  14.01  14.37  104,200 
05/13/2024 14.86  14.99  14.26  14.31  204,396 
05/10/2024 15.53  15.57  14.20  14.20  140,000 
05/09/2024 15.00  15.47  14.74  15.14  167,367 
05/08/2024 14.51  14.99  14.23  14.95  72,000 
05/07/2024 15.79  15.79  14.77  14.95  125,200 
05/06/2024 15.25  16.10  15.21  15.75  499,820 
05/03/2024 15.00  15.37  14.63  14.77  145,462 
05/02/2024 14.50  14.51  13.87  14.36  160,930 
05/01/2024 13.90  14.80  13.46  13.86  373,000 
04/30/2024 14.58  14.99  14.03  14.03  316,400 
04/29/2024 15.59  15.96  15.01  15.20  320,700 
04/26/2024 16.23  16.53  15.91  16.22  200,900 
04/25/2024 15.55  16.38  15.35  16.35  182,189 
04/24/2024 16.88  17.35  16.17  16.38  381,446 
04/23/2024 16.12  17.11  15.88  16.92  441,276 
04/22/2024 15.00  16.21  14.63  16.20  553,700 
04/19/2024 14.33  14.82  13.98  14.59  243,988 
04/18/2024 13.62  14.45  13.09  13.99  170,802 
04/17/2024 13.22  13.65  12.95  13.28  233,778 
04/16/2024 13.25  13.35  12.76  13.14  222,696 
04/15/2024 14.13  14.28  13.32  13.35  179,511 
04/12/2024 14.77  14.91  13.91  14.05  370,300 
04/11/2024 14.98  15.04  14.41  15.03  213,700 
04/10/2024 14.80  15.38  14.65  14.96  172,214 
04/09/2024 15.60  15.64  15.02  15.17  200,500 
04/08/2024 16.63  16.92  15.35  15.64  263,954 
04/05/2024 15.75  16.15  15.49  15.71  190,220 
04/04/2024 16.68  17.15  15.92  15.98  276,100 
04/03/2024 16.36  16.72  16.07  16.13  303,100 
04/02/2024 16.52  16.79  16.07  16.38  401,200 
04/01/2024 17.94  18.44  17.29  17.80  313,167 
03/28/2024 18.57  19.67  18.12  18.30  431,860 
03/27/2024 18.75  18.90  17.73  18.46  324,700 
03/26/2024 18.54  18.81  17.92  18.22  336,397 
03/25/2024 17.50  18.96  17.50  18.53  416,300 
03/22/2024 17.35  17.35  16.64  17.10  348,500 
03/21/2024 18.07  18.35  17.43  17.83  341,068 
03/20/2024 15.45  17.86  15.25  17.86  532,534 
03/19/2024 15.16  15.55  14.32  15.42  311,965 
03/18/2024 15.76  16.23  15.09  15.76  247,909 
03/15/2024 14.33  15.97  14.25  15.78  447,969 
03/14/2024 15.60  15.60  14.43  14.81  444,600 
03/13/2024 15.65  16.38  15.51  15.90  650,700 
03/12/2024 15.91  15.98  15.05  15.65  489,900 
03/11/2024 18.30  18.30  15.73  15.79  706,700 
03/08/2024 16.70  18.50  16.70  17.57  461,300 
03/07/2024 16.30  16.73  15.83  16.58  383,300 
03/06/2024 16.41  16.95  15.44  16.45  447,100 
03/05/2024 16.50  17.29  15.40  15.58  845,736 
03/04/2024 18.62  18.80  16.55  17.00  802,282 
03/01/2024 17.30  18.08  16.35  17.98  505,026 
02/29/2024 19.37  19.37  16.65  17.04  1,440,414 
02/28/2024 20.82  21.09  18.30  18.60  1,189,350 

About Valkyrie Bitcoin Etf history

Valkyrie Bitcoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Valkyrie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Valkyrie Bitcoin Miners will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Valkyrie Bitcoin stock prices may prove useful in developing a viable investing in Valkyrie Bitcoin
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.

Valkyrie Bitcoin Etf Technical Analysis

Valkyrie Bitcoin technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Valkyrie Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Valkyrie Bitcoin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Valkyrie Bitcoin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Valkyrie Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Valkyrie Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Valkyrie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Valkyrie Bitcoin Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valkyrie Bitcoin'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 Valkyrie Bitcoin Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Valkyrie Bitcoin Miners Etf:
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 tightly coupled with the direction of predictive economic indicators such as signals in population.
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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.