Wrapped Bitcoin Market Value

WBTC
 Crypto
  

USD 24,421  8.41  0.0345%   

Wrapped Bitcoin's market value is the price at which a share of Wrapped Bitcoin stock trades on a public exchange. It measures the collective expectations of Wrapped Bitcoin investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Wrapped Bitcoin and determine expected loss or profit from investing in Wrapped Bitcoin over a given investment horizon. Check out Bitcoin Browser, Wrapped Bitcoin Correlation, Portfolio Optimization, Wrapped Bitcoin Volatility, as well as analyze Investing Opportunities and Wrapped Bitcoin Performance.
Symbol


Please note, there is a significant difference between Wrapped Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine Wrapped Bitcoin value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wrapped 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.

Wrapped Bitcoin 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wrapped Bitcoin's crypto coin what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wrapped Bitcoin.
0.00
08/25/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/15/2022
0.00
If you would invest  0.00  in Wrapped Bitcoin on August 25, 2020 and sell it all today you would earn a total of 0.00 from holding Wrapped Bitcoin or generate 0.0% return on investment in Wrapped Bitcoin over 720 days. Wrapped Bitcoin is related to or competes with XRP, Solana, Avalanche, Polkadot, Polygon, FTX Token, and Uniswap Protocol. Wrapped Bitcoin is peer-to-peer digital currency powered by the Blockchain technology.More

Wrapped Bitcoin Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wrapped Bitcoin's crypto coin current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wrapped Bitcoin upside and downside potential and time the market with a certain degree of confidence.

Wrapped Bitcoin Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wrapped Bitcoin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wrapped Bitcoin's standard deviation. In reality, there are many statistical measures that can use Wrapped Bitcoin historical prices to predict the future Wrapped Bitcoin's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Wrapped Bitcoin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Wrapped Bitcoin in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
24,41624,42124,425
Details
Intrinsic
Valuation
LowReal ValueHigh
20,90320,90726,863
Details
Naive
Forecast
LowNext ValueHigh
25,93025,93525,940
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17,98022,12226,264
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wrapped Bitcoin. Your research has to be compared to or analyzed against Wrapped Bitcoin's peers to derive any actionable benefits. When done correctly, Wrapped Bitcoin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Wrapped Bitcoin.

Wrapped Bitcoin Backtested Returns

Wrapped Bitcoin shows Sharpe Ratio of -0.0257, which attests that digital coin had -0.0257% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any crypto is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Wrapped Bitcoin exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Wrapped Bitcoin market risk adjusted performance of (0.45), and Mean Deviation of 3.18 to validate the risk estimate we provide.
The entity maintains a market beta of 0.4438, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Wrapped's beta means in this case. As returns on the market increase, Wrapped Bitcoin returns are expected to increase less than the market. However, during the bear market, the loss on holding Wrapped Bitcoin will be expected to be smaller as well. Even though it is essential to pay attention to Wrapped Bitcoin historical price patterns, it is always good to be careful when utilizing equity current price history. Our philosophy towards determining any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Wrapped Bitcoin exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.00  

No correlation between past and present

Wrapped Bitcoin has no correlation between past and present. Overlapping area represents the amount of predictability between Wrapped Bitcoin time series from 25th of August 2020 to 20th of August 2021 and 20th of August 2021 to 15th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wrapped Bitcoin price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wrapped Bitcoin price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Wrapped Bitcoin lagged returns against current returns

Autocorrelation, which is Wrapped Bitcoin crypto coin's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wrapped Bitcoin's crypto coin expected returns. We can calculate the autocorrelation of Wrapped Bitcoin returns to help us make a trade decision. For example, suppose you find that Wrapped Bitcoin crypto coin has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Wrapped Bitcoin regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wrapped Bitcoin crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wrapped Bitcoin crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wrapped Bitcoin crypto coin over time.
   Current vs Lagged Prices   
Share
       Timeline  

Wrapped Bitcoin Lagged Returns

When evaluating Wrapped Bitcoin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wrapped Bitcoin crypto coin have on its future price. Wrapped Bitcoin autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wrapped Bitcoin autocorrelation shows the relationship between Wrapped Bitcoin crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Wrapped Bitcoin.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Wrapped Bitcoin without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Bond Directory Now

   

Bond Directory

Find actively traded corporate debentures issued by US companies
All  Next Launch Module

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Bitcoin Browser, Wrapped Bitcoin Correlation, Portfolio Optimization, Wrapped Bitcoin Volatility, as well as analyze Investing Opportunities and Wrapped Bitcoin Performance. Note that the Wrapped Bitcoin information on this page should be used as a complementary analysis to other Wrapped Bitcoin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for Wrapped Crypto Coin

When running Wrapped Bitcoin price analysis, check to measure Wrapped Bitcoin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wrapped Bitcoin is operating at the current time. Most of Wrapped Bitcoin's value examination focuses on studying past and present price action to predict the probability of Wrapped Bitcoin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Wrapped Bitcoin's price. Additionally, you may evaluate how the addition of Wrapped Bitcoin to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go