Bitwise Funds Trust Etf Market Outlook
| AETH Etf | 34.98 0.05 0.14% |
Under 62% of Bitwise Funds' investor base is looking to short. The current sentiment regarding investing in Bitwise Funds Trust etf implies that many traders are alarmed. Bitwise Funds' investing sentiment shows overall attitude of investors towards Bitwise Funds Trust.
Comfort Level 38
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Bitwise Funds' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Bitwise Funds Trust.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Bitwise Funds Trust is 'Strong Sell'. The recommendation algorithm takes into account all of Bitwise Funds' available fundamental, technical, and predictive indicators you will find on this site.
Execute Bitwise Funds Buy or Sell Advice
The Bitwise recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bitwise Funds Trust. Macroaxis does not own or have any residual interests in Bitwise Funds Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bitwise Funds' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Bitwise Funds Trading Alerts and Improvement Suggestions
| Bitwise Funds Trust generated a negative expected return over the last 90 days |
Bitwise Funds Returns Distribution Density
The distribution of Bitwise Funds' historical returns is an attempt to chart the uncertainty of Bitwise Funds' future price movements. The chart of the probability distribution of Bitwise Funds daily returns describes the distribution of returns around its average expected value. We use Bitwise Funds Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bitwise Funds returns is essential to provide solid investment advice for Bitwise Funds.
| Mean Return | -0.13 | Value At Risk | -4.27 | Potential Upside | 3.69 | Standard Deviation | 2.17 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bitwise Funds historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bitwise Funds Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bitwise Funds or Digital Assets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bitwise Funds' price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bitwise etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 2.17 | |
Ir | Information ratio | -0.09 |
Bitwise Funds Volatility Alert
Bitwise Funds Trust exhibits very low volatility with skewness of -0.7 and kurtosis of 5.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bitwise Funds' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bitwise Funds' etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bitwise Funds Fundamentals Vs Peers
Comparing Bitwise Funds' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bitwise Funds' direct or indirect competition across all of the common fundamentals between Bitwise Funds and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bitwise Funds or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Bitwise Funds' fundamental indicators could also be used in its relative valuation, which is a method of valuing Bitwise Funds by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bitwise Funds to competition |
| Fundamentals | Bitwise Funds | Peer Average |
| One Year Return | 9.40 % | (0.97) % |
Note: Disposition of 200 shares by Oros David S of Bitwise Funds at 6.56 subject to Rule 16b-3 [view details]
Bitwise Funds Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bitwise . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Bitwise Funds Buy or Sell Advice
When is the right time to buy or sell Bitwise Funds Trust? Buying financial instruments such as Bitwise Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Bitwise Funds in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Commodities Funds Thematic Idea Now
Commodities Funds
Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. The Commodities Funds theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Commodities Funds Theme or any other thematic opportunities.
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Check out Bitwise Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Bitwise Funds Trust is measured differently than its book value, which is the value of Bitwise that is recorded on the company's balance sheet. Investors also form their own opinion of Bitwise Funds' value that differs from its market value or its book value, called intrinsic value, which is Bitwise Funds' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Bitwise Funds' market value can be influenced by many factors that don't directly affect Bitwise Funds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Bitwise Funds' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Bitwise Funds represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Bitwise Funds' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.