Fortuna Hedged Bitcoin Etf Market Value
| HBTC Etf | USD 30.85 0.09 0.29% |
| Symbol | Fortuna |
The market value of Fortuna Hedged Bitcoin is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Hedged's value that differs from its market value or its book value, called intrinsic value, which is Fortuna Hedged'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 Fortuna Hedged's market value can be influenced by many factors that don't directly affect Fortuna Hedged'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 Fortuna Hedged's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Hedged is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Hedged'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.
Fortuna Hedged '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 Fortuna Hedged's etf 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 Fortuna Hedged.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Fortuna Hedged on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Fortuna Hedged Bitcoin or generate 0.0% return on investment in Fortuna Hedged over 90 days. Fortuna Hedged is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, Vanguard Value, Vanguard Growth, and Vanguard Mid. Harbourton Capital Group, Inc., through its subsidiaries, Harbourton Financial Corporation and Harbourton Mortgage Inves... More
Fortuna Hedged 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 Fortuna Hedged's etf 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 Fortuna Hedged Bitcoin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.1205 | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 3.5 |
Fortuna Hedged Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortuna Hedged's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortuna Hedged's standard deviation. In reality, there are many statistical measures that can use Fortuna Hedged historical prices to predict the future Fortuna Hedged's volatility.| Risk Adjusted Performance | 0.1927 | |||
| Jensen Alpha | 0.3006 | |||
| Total Risk Alpha | 0.0968 | |||
| Sortino Ratio | 0.1409 | |||
| Treynor Ratio | 1.11 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortuna Hedged'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.
Fortuna Hedged Bitcoin Backtested Returns
Fortuna Hedged appears to be very steady, given 3 months investment horizon. Fortuna Hedged Bitcoin secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the etf had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fortuna Hedged Bitcoin, which you can use to evaluate the volatility of the entity. Please utilize Fortuna Hedged's Mean Deviation of 1.4, coefficient of variation of 496.52, and Downside Deviation of 1.49 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fortuna Hedged's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortuna Hedged is expected to be smaller as well.
Auto-correlation | 0.56 |
Modest predictability
Fortuna Hedged Bitcoin has modest predictability. Overlapping area represents the amount of predictability between Fortuna Hedged time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortuna Hedged Bitcoin price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Fortuna Hedged price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.04 |
Fortuna Hedged Bitcoin lagged returns against current returns
Autocorrelation, which is Fortuna Hedged etf'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 Fortuna Hedged's etf expected returns. We can calculate the autocorrelation of Fortuna Hedged returns to help us make a trade decision. For example, suppose you find that Fortuna Hedged has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fortuna Hedged 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 Fortuna Hedged etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fortuna Hedged etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fortuna Hedged etf over time.
Current vs Lagged Prices |
| Timeline |
Fortuna Hedged Lagged Returns
When evaluating Fortuna Hedged's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fortuna Hedged etf have on its future price. Fortuna Hedged 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, Fortuna Hedged autocorrelation shows the relationship between Fortuna Hedged etf current value and its past values and can show if there is a momentum factor associated with investing in Fortuna Hedged Bitcoin.
Regressed Prices |
| Timeline |
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.When determining whether Fortuna Hedged Bitcoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortuna Hedged'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 Fortuna Hedged Bitcoin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Fortuna Hedged Bitcoin Etf:Check out Fortuna Hedged Correlation, Fortuna Hedged Volatility and Fortuna Hedged Alpha and Beta module to complement your research on Fortuna Hedged. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Fortuna Hedged technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.