Ishares Bitcoin Trust Etf Market Capitalization
| IBIT Etf | USD 61.94 0.16 0.26% |
IShares Bitcoin's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting IShares Etf price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. iShares Bitcoin Trust ETF Market Capitalization Analysis
IShares Bitcoin's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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Based on the recorded statements, the market capitalization of iShares Bitcoin Trust is about 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Digital Assets (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
IShares Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Bitcoin's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Bitcoin could also be used in its relative valuation, which is a method of valuing IShares Bitcoin by comparing valuation metrics of similar companies.IShares Bitcoin is currently under evaluation in market capitalization as compared to similar ETFs.
About IShares Bitcoin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Bitcoin Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Bitcoin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Bitcoin Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out IShares Bitcoin Piotroski F Score and IShares Bitcoin Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of iShares Bitcoin Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is IShares Bitcoin'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 IShares Bitcoin's market value can be influenced by many factors that don't directly affect IShares Bitcoin'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 IShares Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares 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.