Bitcoin Fund Unit Stock Probability of Future Stock Price Finishing Under 122.91
| QBTC Stock | 150.85 0.92 0.61% |
Bitcoin |
Bitcoin Fund Target Price Odds to finish below 122.91
The tendency of Bitcoin Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 122.91 or more in 90 days |
| 150.85 | 90 days | 122.91 | roughly 2.68 |
Based on a normal probability distribution, the odds of Bitcoin Fund to drop to 122.91 or more in 90 days from now is roughly 2.68 (This Bitcoin Fund Unit probability density function shows the probability of Bitcoin Stock to fall within a particular range of prices over 90 days) . Probability of Bitcoin Fund Unit price to stay between 122.91 and its current price of 150.85 at the end of the 90-day period is about 91.69 .
Assuming the 90 days trading horizon Bitcoin Fund Unit has a beta of -0.0363 indicating as returns on the benchmark increase, returns on holding Bitcoin Fund are expected to decrease at a much lower rate. During a bear market, however, Bitcoin Fund Unit is likely to outperform the market. Additionally Bitcoin Fund Unit has an alpha of 0.4131, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitcoin Fund Price Density |
| Price |
Predictive Modules for Bitcoin Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitcoin Fund Unit. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Bitcoin Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitcoin Fund is not an exception. The market had few large corrections towards the Bitcoin Fund's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bitcoin Fund Unit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitcoin Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 7.95 | |
Ir | Information ratio | 0.14 |
Bitcoin Fund Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bitcoin Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitcoin Fund Unit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bitcoin Fund generates negative cash flow from operations | |
| Latest headline from news.google.com: Strategy Files for IPO of New Stretch Preferred Stock to Fund More Bitcoin Buys - Bitcoin.com News |
Bitcoin Fund Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bitcoin Stock often depends not only on the future outlook of the current and potential Bitcoin Fund's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bitcoin Fund's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.00 | |
| Cash And Short Term Investments | 373.1 M |
Bitcoin Fund Technical Analysis
Bitcoin Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Bitcoin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitcoin Fund Unit. In general, you should focus on analyzing Bitcoin Stock price patterns and their correlations with different microeconomic environments and drivers.
Bitcoin Fund Predictive Forecast Models
Bitcoin Fund's time-series forecasting models is one of many Bitcoin Fund's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bitcoin Fund's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Bitcoin Fund Unit
Checking the ongoing alerts about Bitcoin Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitcoin Fund Unit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitcoin Fund generates negative cash flow from operations | |
| Latest headline from news.google.com: Strategy Files for IPO of New Stretch Preferred Stock to Fund More Bitcoin Buys - Bitcoin.com News |
Other Information on Investing in Bitcoin Stock
Bitcoin Fund financial ratios help investors to determine whether Bitcoin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bitcoin with respect to the benefits of owning Bitcoin Fund security.