Bitcoin OTC Stock Performance

GBTC
 Stock
  

USD 9.03  0.19  2.15%   

The firm shows a Beta (market volatility) of -0.0645, which signifies not very significant fluctuations relative to the market. Let's try to break down what Bitcoin's beta means in this case. As returns on the market increase, returns on owning Bitcoin Invt are expected to decrease at a much lower rate. During the bear market, Bitcoin Invt is likely to outperform the market. Even though it is essential to pay attention to Bitcoin Invt TR historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bitcoin Invt TR exposes twenty-one different technical indicators, which can help you to evaluate its performance. Bitcoin Invt TR has an expected return of -0.45%. Please be advised to confirm Bitcoin Invt TR treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Bitcoin Invt TR performance from the past will be repeated at some point in the near future.
  
Bitcoin Performance
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Over the last 90 days Bitcoin Invt TR has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Bitcoin Price Channel

Fifty Two Week Low7.46
Fifty Two Week High48.34

Bitcoin Invt Relative Risk vs. Return Landscape

If you would invest  1,254  in Bitcoin Invt TR on August 31, 2022 and sell it today you would lose (370.00)  from holding Bitcoin Invt TR or give up 29.51% of portfolio value over 90 days. Bitcoin Invt TR is currently does not generate positive expected returns and assumes 4.6842% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% of otc stocks are less volatile than Bitcoin, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Bitcoin Invt is expected to under-perform the market. In addition to that, the company is 3.35 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of volatility.

Bitcoin Invt Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Invt's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Bitcoin Invt TR, and traders can use it to determine the average amount a Bitcoin Invt's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0964

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Negative ReturnsGBTC
Estimated Market Risk
 4.68
  actual daily
 
 40 %
of total potential
 
4040
Expected Return
 -0.45
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.1
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 0 %
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00
Based on monthly moving average Bitcoin Invt is performing at about 0% 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 Bitcoin Invt by adding it to a well-diversified portfolio.

About Bitcoin Invt Performance

To evaluate Bitcoin Invt TR OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Bitcoin Invt generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Bitcoin OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Bitcoin Invt TR market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Bitcoin's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Grayscale Bitcoin Trust is an exchange traded fund launched and managed by Grayscale Investments, LLC. Grayscale Bitcoin Trust was formed on September 25, 2013 and is domiciled in United States. Bitcoin Invt is traded on OTC Exchange in the United States.

Things to note about Bitcoin Invt TR

Checking the ongoing alerts about Bitcoin Invt for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Bitcoin Invt TR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Bitcoin Invt Alerts

Equity Alerts and Improvement Suggestions

Bitcoin Invt TR generated a negative expected return over the last 90 days
Bitcoin Invt TR has high historical volatility and very poor performance
Bitcoin Invt TR has high likelihood to experience some financial distress in the next 2 years
Latest headline from news.google.com: How the crypto fallout could affect you - CNN
Please check Risk vs Return Analysis. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for analysis

When running Bitcoin Invt TR price analysis, check to measure Bitcoin Invt'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 Bitcoin Invt is operating at the current time. Most of Bitcoin Invt's value examination focuses on studying past and present price action to predict the probability of Bitcoin Invt's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bitcoin Invt's price. Additionally, you may evaluate how the addition of Bitcoin Invt to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Bitcoin Invt's value and its price as these two are different measures arrived at by different means. Investors typically determine Bitcoin Invt value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitcoin Invt'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.