BITU 📈 ProShares Trust - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • Digital Assets
BITU: Bitcoin, Futures, Options, Swaps, Derivatives
The index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. Under normal circumstances, the fund will invest at least 80% of the fund's assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. The fund is non-diversified.
Additional Sources for BITU ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BITU ETF Overview
| Market Cap in USD | 1,267m |
| Category | Digital Assets |
| TER | 0.95% |
| IPO / Inception | 2024-04-01 |
BITU ETF Ratings
| Growth 5y | 49.6% |
| Fundamental | - |
| Dividend | 30.0% |
| Rel. Strength Industry | 165 |
| Analysts | - |
| Fair Price Momentum | 46.39 USD |
| Fair Price DCF | - |
BITU Dividends
| Dividend Yield 12m | 0.11% |
| Yield on Cost 5y | 0.16% |
| Annual Growth 5y | -14.54% |
| Payout Consistency | 100.0% |
BITU Growth Ratios
| Growth Correlation 3m | 91.5% |
| Growth Correlation 12m | 11.2% |
| Growth Correlation 5y | 11.2% |
| CAGR 5y | 45.04% |
| CAGR/Mean DD 5y | 1.73 |
| Sharpe Ratio 12m | 0.82 |
| Alpha | -1.17 |
| Beta | 1.79 |
| Volatility | 104.90% |
| Current Volume | 2796.6k |
| Average Volume 20d | 3383.9k |
What is the price of BITU stocks?
As of December 28, 2024, the stock is trading at USD 51.98 with a total of 2,796,600 shares traded.
Over the past week, the price has changed by -2.72%, over one month by +5.49%, over three months by +92.61% and over the past year by +45.04%.
As of December 28, 2024, the stock is trading at USD 51.98 with a total of 2,796,600 shares traded.
Over the past week, the price has changed by -2.72%, over one month by +5.49%, over three months by +92.61% and over the past year by +45.04%.
Is ProShares Trust a good stock to buy?
Partly, yes. Based on ValueRay Analyses, ProShares Trust (NYSE ARCA:BITU) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 49.59 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BITU as of December 2024 is 46.39. This means that BITU is currently overvalued and has a potential downside of -10.75%.
Partly, yes. Based on ValueRay Analyses, ProShares Trust (NYSE ARCA:BITU) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 49.59 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BITU as of December 2024 is 46.39. This means that BITU is currently overvalued and has a potential downside of -10.75%.
Is BITU a buy, sell or hold?
ProShares Trust has no consensus analysts rating.
ProShares Trust has no consensus analysts rating.
What are the forecast for BITU stock price target?
According to ValueRays Forecast Model, BITU ProShares Trust will be worth about 52.9 in December 2025. The stock is currently trading at 51.98. This means that the stock has a potential upside of +1.71%.
According to ValueRays Forecast Model, BITU ProShares Trust will be worth about 52.9 in December 2025. The stock is currently trading at 51.98. This means that the stock has a potential upside of +1.71%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 52.9 | 1.7% |