QBTC-U Stock Today

QBTC-U
  

USD 21.19  0.74  3.62%   

Market Performance
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THE BITCOIN is trading at 21.19 as of the 29th of June 2022, a 3.62 percent up since the beginning of the trading day. The stock's open price was 20.45. THE BITCOIN 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 THE BITCOIN FUND are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 29th of June 2022. Click here to learn more.

THE BITCOIN Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. THE BITCOIN's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding THE BITCOIN or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
THE BITCOIN FUND generated a negative expected return over the last 90 days
THE BITCOIN FUND has high historical volatility and very poor performance
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of THE BITCOIN's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
THE BITCOIN FUND (QBTC-U) is traded on Toronto Stock Exchange in Canada .
Check THE BITCOIN Probability Of Bankruptcy

QBTC-U Stock Price Odds Analysis

What are THE BITCOIN's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of THE BITCOIN jumping above the current price in 90 days from now is under 95%. The THE BITCOIN FUND probability density function shows the probability of THE BITCOIN stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.8365 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, THE BITCOIN will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. THE BITCOIN FUND is significantly underperforming DOW.
  Odds Below 21.19HorizonTargetOdds Above 21.19
5.18%90 days
 21.19 
94.80%
Based on a normal probability distribution, the odds of THE BITCOIN to move above the current price in 90 days from now is under 95 (This THE BITCOIN FUND probability density function shows the probability of QBTC-U Stock to fall within a particular range of prices over 90 days) .

THE BITCOIN FUND Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. THE BITCOIN market risk premium is the additional return an investor will receive from holding THE 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 THE 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 THE BITCOIN's alpha and beta are two of the key measurements used to evaluate THE BITCOIN's performance over the market, the standard measures of volatility play an important role as well.

THE BITCOIN FUND Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. THE BITCOIN FUND Sinh Values Of Price Series is a hyperbolic price transformation function.
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QBTC-U Stock Against Markets

Picking the right benchmark for THE BITCOIN stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in THE BITCOIN stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for THE BITCOIN is critical whether you are bullish or bearish towards THE BITCOIN FUND at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in THE 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.

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Investing THE BITCOIN FUND

You need to understand the risk of investing before taking a position in THE BITCOIN. The danger of trading THE BITCOIN FUND is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of THE BITCOIN is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than THE BITCOIN. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile THE BITCOIN FUND is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Your Equity Center. Note that the THE BITCOIN FUND information on this page should be used as a complementary analysis to other THE 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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