Is ProShares Bitcoin stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, ProShares Bitcoin pays dividends. Last time was Tuesday 8th of October 2024 where the investors holding the stock on Tuesday 1st of October 2024 were paid $1.09107 per share. Over the last 21 times between 2023 and 2024, ProShares Bitcoin has paid $14.029413 with an average of $0.67 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for ProShares Bitcoin 10 years ago, but if you had invested on Tuesday 19th of October 2021 when the price was $41.94, you would have made a loss of $-22.93 per share or -54.67%
Yes, the average daily trading liquidity for ProShares Bitcoin is $8.17 million. You should therefore be able to get in and out of your positions relatively fast.
ProShares Bitcoin has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for ProShares Bitcoin to be low [0 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.