WGMI 📈 Valkyrie Bitcoin Miners - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US91917A2078 • Digital Assets
WGMI: Bitcoin Mining, Specialized Chips, Hardware, Software, Services
The fund is an actively-managed exchange-traded fund ('ETF') that will invest at least 80% of its net assets (plus borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profits from bitcoin mining operations and/or from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. It will not directly invest in bitcoin, or indirectly through the use of derivatives or through investments in funds or trusts that hold bitcoin. The fund is non-diversified.
Additional Sources for WGMI ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
WGMI ETF Overview
| Market Cap in USD | 205m |
| Category | Digital Assets |
| TER | 0.75% |
| IPO / Inception | 2022-02-07 |
WGMI ETF Ratings
| Growth 5y | 9.51% |
| Fundamental | - |
| Dividend | 2.74% |
| Rel. Strength Industry | 10523 |
| Analysts | - |
| Fair Price Momentum | 21.59 USD |
| Fair Price DCF | - |
WGMI Dividends
| Dividend Yield 12m | 0.21% |
| Yield on Cost 5y | 0.19% |
| Annual Growth 5y | -5.61% |
| Payout Consistency | 94.9% |
WGMI Growth Ratios
| Growth Correlation 3m | 42.9% |
| Growth Correlation 12m | 75% |
| Growth Correlation 5y | 43% |
| CAGR 5y | -3.99% |
| CAGR/Mean DD 5y | -0.08 |
| Sharpe Ratio 12m | 0.82 |
| Alpha | -6.40 |
| Beta | 2.58 |
| Volatility | 84.36% |
| Current Volume | 385.4k |
| Average Volume 20d | 566.6k |
What is the price of WGMI stocks?
As of January 14, 2025, the stock is trading at USD 23.11 with a total of 385,400 shares traded.
Over the past week, the price has changed by -11.63%, over one month by -16.88%, over three months by +16.37% and over the past year by +65.65%.
As of January 14, 2025, the stock is trading at USD 23.11 with a total of 385,400 shares traded.
Over the past week, the price has changed by -11.63%, over one month by -16.88%, over three months by +16.37% and over the past year by +65.65%.
Is Valkyrie Bitcoin Miners a good stock to buy?
Neither. Based on ValueRay Analyses, Valkyrie Bitcoin Miners is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 9.51 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of WGMI as of January 2025 is 21.59. This means that WGMI is currently overvalued and has a potential downside of -6.58%.
Neither. Based on ValueRay Analyses, Valkyrie Bitcoin Miners is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 9.51 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of WGMI as of January 2025 is 21.59. This means that WGMI is currently overvalued and has a potential downside of -6.58%.
Is WGMI a buy, sell or hold?
Valkyrie Bitcoin Miners has no consensus analysts rating.
Valkyrie Bitcoin Miners has no consensus analysts rating.
What are the forecast for WGMI stock price target?
According to ValueRays Forecast Model, WGMI Valkyrie Bitcoin Miners will be worth about 25.3 in January 2026. The stock is currently trading at 23.11. This means that the stock has a potential upside of +9.26%.
According to ValueRays Forecast Model, WGMI Valkyrie Bitcoin Miners will be worth about 25.3 in January 2026. The stock is currently trading at 23.11. This means that the stock has a potential upside of +9.26%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 25.3 | 9.3% |