Invesco Galaxy Bitcoin Etf Profile
| BTCO Etf | 70.42 0.88 1.23% |
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Invesco Galaxy is selling at 70.42 as of the 7th of June 2024; that is -1.23 percent decrease since the beginning of the trading day. The etf's open price was 71.3. Invesco Galaxy has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Invesco Galaxy Bitcoin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2024 and ending today, the 7th of June 2024. Click here to learn more.
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Cryptocurrency ETFs, Alternative Currency ETFs (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2024-01-11 |
| Benchmark | Lukka Prime Reference Rate |
| Entity Type | Grantor Trust |
| Asset Under Management | 523.7 Million |
| Asset Type | Currency |
| Category | Alternative Currency |
| Focus | Cryptocurrency |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Custodian | The Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 1.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.39 |
| Management Fee | 0.39 |
| Country Name | USA |
| Code | BTCO |
| Updated At | 14th of April 2024 |
| Name | Invesco Galaxy Bitcoin ETF Invesco Galaxy Bitcoin ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01KY66GF5 |
| Type | ETF |
Invesco Galaxy Bitcoin [BTCO] is traded in USA and was established null. The fund is not filed under any group at this time. The fund currently have in assets under management (AUM).
Check Invesco Galaxy Probability Of Bankruptcy
Invesco Galaxy Bitcoin Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Invesco Galaxy market risk premium is the additional return an investor will receive from holding Invesco Galaxy 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 Invesco Galaxy. 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 Invesco Galaxy's alpha and beta are two of the key measurements used to evaluate Invesco Galaxy's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0114 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.0047 |
Invesco Galaxy Against Markets
Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco Galaxy Bitcoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Galaxy'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 Invesco Galaxy Bitcoin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Galaxy Bitcoin Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco Galaxy Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Invesco Galaxy Bitcoin is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Galaxy's value that differs from its market value or its book value, called intrinsic value, which is Invesco Galaxy'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 Invesco Galaxy's market value can be influenced by many factors that don't directly affect Invesco Galaxy'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 Invesco Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Galaxy'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.