Valkyrie Bitcoin is trading at 21.01 as of the 8th of June 2024. This is a -2.46% down since the beginning of the trading day. The etf's lowest day price was 20.68. Valkyrie Bitcoin has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Valkyrie Bitcoin Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of May 2024 and ending today, the 8th of June 2024. Click here to learn more.
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and Collateral Investments. Valkyrie Bitcoin is traded on NASDAQ Exchange in the United States. The company has 12.34 M outstanding shares of which 109.97 K shares are currently shorted by investors with about 0.0 days to cover. More on Valkyrie Bitcoin Strategy
Valkyrie Bitcoin Strategy [BTF] is traded in USA and was established 2021-10-21. The fund is classified under Digital Assets category within Valkyrie ETF Trust II family. The entity is thematically classified as Cryptocurrency ETFs. Valkyrie Bitcoin Strategy currently have 18.15 M in assets under management (AUM). , while the total return for the last year was 139.7%.
Valkyrie Bitcoin Strategy has about 830.95 K in cash with 1.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
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Valkyrie Bitcoin Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Valkyrie Bitcoin market risk premium is the additional return an investor will receive from holding Valkyrie Bitcoin 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 Valkyrie Bitcoin. 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 Valkyrie Bitcoin's alpha and beta are two of the key measurements used to evaluate Valkyrie Bitcoin's performance over the market, the standard measures of volatility play an important role as well.
Additional Information and Resources on Investing in Valkyrie Etf
When determining whether Valkyrie Bitcoin Strategy is a strong investment it is important to analyze Valkyrie Bitcoin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Valkyrie Bitcoin's future performance. For an informed investment choice regarding Valkyrie Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Strategy. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Valkyrie Bitcoin Strategy 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.