Purpose Bitcoin ETF Volatility
| BTCC Etf | CAD 12.68 0.12 0.96% |
Purpose Bitcoin ETF continues to trade with a minimal volatility profile through the current horizon. It currently posts a Sharpe Ratio (Efficiency) of -0.0733, supporting negative efficiency readings over the last 3 months. We reviewed 23 technical indicators influencing the latest risk profile.
Sharpe Ratio = -0.0733
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BTCC |
Estimated Market Risk
| 3.57 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Purpose Bitcoin ETF (BTCC.TO) recorded a Market Risk Adjusted Performance of 0.3%, a Risk of 3.57, and a Risk Adjusted Performance of -0.1%. Purpose Bitcoin has not reached its return potential based on moving average analysis. Including it in a well-diversified portfolio can reduce portfolio-level risk.
Key indicators related to Purpose Bitcoin's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Investors holding Purpose Bitcoin should monitor Purpose Bitcoin's rolling volatility as part of ongoing risk management. A sudden spike in Purpose Bitcoin volatility, even without a directional price move, can signal increased uncertainty and potential for larger price swings ahead.
Purpose |
Volatility Strategy
Volatility clustering in Purpose Bitcoin ETF may influence portfolio rebalancing frequency. Current statistical measures show total volatility near 3.57% with a beta coefficient of -0.89, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.0733, evaluates return per unit of total risk. An alpha value of -0.33 reflects performance relative to systematic market exposure. Expected return estimates near -0.26% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Underlying asset liquidity impacts pricing efficiency.
Main indicators related to Purpose Bitcoin's market risk premium analysis include:
Beta -0.89 | Alpha -0.33 | Risk 3.57 | Sharpe Ratio -0.07 | Expected Return -0.26 |
Moving together with Purpose Etf
Moving against Purpose Etf
| 0.93 | BITI | BetaPro Inverse Bitcoin | PairCorr |
| 0.59 | ZJG | BMO Junior Gold | PairCorr |
| 0.56 | HUV | BetaPro SAMPP 500 | PairCorr |
| 0.55 | HBU | BetaPro Gold Bullion | PairCorr |
| 0.54 | ZGD | BMO Equal Weight | PairCorr |
| 0.54 | HGGG | Harvest Global Gold | PairCorr |
| 0.45 | GLDX | Global X Gold | PairCorr |
| 0.4 | HGU | BetaPro Canadian Gold | PairCorr |
Sensitivity To Market
Purpose Bitcoin'sThe systematic risk of Purpose Bitcoin ETF is captured by a beta reading of -0.89, indicating responsiveness to overall market fluctuations. Observed volatility is near 3.57%.Volatility measures for Purpose Bitcoin ETF summarize how wide the trading range has been over time. Downside deviation is about 0.0%. Premium/discount metrics are commonly used alongside volatility to describe ETF price behavior. Premium/discount to NAV is often expressed as (Price − NAV) / NAV × 100 when NAV is available.
| α | -0.3321 | β | -0.8858 | Check current 90 days Purpose Bitcoin correlation with market (Dow Jones Industrial)
Downside Risk
Purpose standard deviation is a volatility measure that captures how far daily prices deviate from their mean over the selected period. Volatile instruments have high standard deviations; stable instruments have low.
Standard Deviation | 3.57 |
Standard deviation captures Purpose Bitcoin's total volatility, including favorable price movements that most investors don't consider risky. Downside deviation isolates the true loss risk in Purpose Bitcoin's daily returns. Purpose Bitcoin ETF (BTCC.TO) recorded a Maximum Drawdown of 18.20.
Etf Volatility Analysis
Volatility in Purpose Bitcoin reflects the degree of uncertainty around Purpose Bitcoin's etf price. When Purpose Bitcoin experiences high volatility, its etf price can shift dramatically in a short period. Conversely, low Purpose Bitcoin's volatility suggests price stability and predictability.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Purpose Bitcoin ETF Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Purpose Bitcoin Projected Return Density Against Market
Assuming the 90-day trading horizon Purpose Bitcoin ETF has a beta of -0.8858 suggestingPurpose Bitcoin volatility reflects broader etf market cycles alongside company or sector-specific developments. Diversified portfolios reduce specific exposure but not systemic risk. Purpose Bitcoin ETF (BTCC.TO) recorded a Mean Deviation of 2.49 and a Standard Deviation of 3.60.
Predicted Return Density |
| Returns |
What Drives a Purpose Bitcoin Price Volatility?
Several factors can influence a etf's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Etf Risk Measures
Assuming the 90-day trading horizon the coefficient of variation of Purpose Bitcoin is -1363.83. The daily returns are distributed with a variance of 12.78 and standard deviation of 3.57. The mean deviation of Purpose Bitcoin ETF is currently at 2.47. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | -0.3321 | |
β | Beta against Dow Jones | -0.8858 | |
σ | Overall volatility | 3.57 | |
Ir | Information ratio | -0.0687 |
Etf Return Volatility
Purpose Bitcoin historical daily return volatility represents how much of Purpose Bitcoin etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF accepts 3.5742% volatility on return distribution over a 90-day horizon. By contrast, Dow Jones Industrial accepts 0.792% volatility on return distribution over a 90-day horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Purpose Bitcoin Competition Risk-Adjusted Indicators
There is a big difference between Purpose Etf performing well and Purpose Bitcoin ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Purpose Bitcoin's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.46 | -0.08 | 0.00 | -0.14 | 0.00 | 2.30 | 13.69 | |||
| MSFT | 1.28 | -0.30 | 0.00 | -0.85 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.56 | -0.33 | 0.00 | -0.96 | 0.00 | 2.70 | 11.09 | |||
| F | 1.36 | -0.10 | 0.00 | -0.13 | 0.00 | 3.61 | 10.01 | |||
| T | 1.13 | 0.15 | 0.13 | 0.93 | 1.21 | 3.87 | 8.53 | |||
| A | 1.27 | -0.32 | 0.00 | -0.35 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.80 | -0.40 | 0.00 | -0.71 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.24 | -0.16 | 0.00 | 0.64 | 0.00 | 2.34 | 8.17 | |||
| MRK | 1.18 | 0.26 | 0.19 | 0.56 | 1.27 | 2.54 | 7.29 | |||
| XOM | 1.35 | 0.47 | 0.33 | 34.44 | 1.13 | 2.90 | 6.83 |
Risk Metrics, Assumptions & Methodology
Volatility for Purpose Bitcoin reflects price dispersion, spread stability, and underlying basket liquidity conditions. Market stress typically elevates dispersion and correlation risk.
This section for Purpose Bitcoin ETF is built from fund disclosures and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardPurpose Bitcoin Investment Opportunity
Measured over the selected horizon, Purpose Bitcoin ETF carries roughly 4.52 times the return volatility of Dow Jones Industrial. That added volatility may be acceptable only if the position is expected to deliver stronger return efficiency or diversification value.You can use Purpose Bitcoin ETF to enhance the returns of your portfolios. This price-change note interprets the latest move in the context of short-horizon trading behavior. It highlights whether the move looks ordinary, stressed, or unusually speculative for the instrument. a moderate upward volatility. Check odds of Purpose Bitcoin to be traded at C$13.95 in 90 days.Significant diversification
Across the chosen horizon, BTCC and DJI show a correlation of 0.06 and fall into the Significant diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Purpose Bitcoin Additional Risk Indicators
Risk analysis around Purpose Bitcoin ETF becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | -0.05 | |||
| Market Risk Adjusted Performance | 0.3401 | |||
| Mean Deviation | 2.49 | |||
| Coefficient Of Variation | -1,275 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.97 | |||
| Information Ratio | -0.07 |
Purpose Bitcoin Suggested Diversification Pairs
Pair trading with Purpose Bitcoin can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Purpose Bitcoin as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Purpose Bitcoin's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Purpose Bitcoin's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Purpose Bitcoin ETF.
More Resources for Purpose Etf Analysis
Other Information on Investing in Purpose Etf
Financial ratios for Purpose Bitcoin provide valuation context across profits, cash flow, and enterprise value. They help compare Purpose across valuation measures in a consistent way.