Fidelity Wise Origin Etf Profile
| FBTC Etf | 61.65 0.73 1.17% |
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Fidelity Wise is trading at 61.65 as of the 7th of June 2024, a -1.17 percent decrease since the beginning of the trading day. The etf's open price was 62.38. Fidelity Wise 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 Fidelity Wise Origin 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.
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Cryptocurrency ETFs, Alternative Currency ETFs (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2024-01-11 |
| Benchmark | Fidelity Bitcoin Reference Rate |
| Entity Type | Grantor Trust |
| Asset Type | Currency |
| Category | Alternative Currency |
| Focus | Cryptocurrency |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Fidelity Service Company, Inc. |
| Custodian | State Street Bank and Trust Company, Fidelity Digital Asset Services, LLC |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 2.0 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Code | FBTC |
| Updated At | 14th of April 2024 |
| Name | Fidelity Wise Origin Bitcoin Trust |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01KY66PW6 |
| Type | ETF |
Fidelity Wise Origin [FBTC] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check Fidelity Wise Probability Of Bankruptcy
Fidelity Wise Origin Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Wise market risk premium is the additional return an investor will receive from holding Fidelity Wise 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 Fidelity Wise. 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 Fidelity Wise's alpha and beta are two of the key measurements used to evaluate Fidelity Wise's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0537 | |||
| Jensen Alpha | 0.1998 | |||
| Total Risk Alpha | 0.102 | |||
| Sortino Ratio | 0.0739 |
Fidelity Wise Against Markets
Additional Information and Resources on Investing in Fidelity Etf
When determining whether Fidelity Wise Origin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fidelity Wise'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 Fidelity Wise Origin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Fidelity Wise Origin Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Wise Origin. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Fidelity Wise Origin is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Wise's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Wise'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 Fidelity Wise's market value can be influenced by many factors that don't directly affect Fidelity Wise'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 Fidelity Wise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Wise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Wise'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.