Grayscale Financial Statements From 2010 to 2024
| LTCN Stock | USD 14.25 0.94 7.06% |
Check Grayscale Litecoin Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grayscale Litecoin Trust's main balance sheet or income statement drivers, such as , as well as many indicators such as . Grayscale financial statements analysis is a perfect complement when working with Grayscale Litecoin Trust Valuation or Volatility modules.
Grayscale |
Grayscale Litecoin Trust OTC Stock Market Capitalization Analysis
Grayscale Litecoin Trust'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.
Current Grayscale Litecoin Trust Market Capitalization | 59.78 M |
Most of Grayscale Litecoin Trust's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Grayscale Litecoin Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the recorded statements, the market capitalization of Grayscale Litecoin Trust is about 59.78 M. This is 97.62% lower than that of the Financial sector and significantly higher than that of the Capital Markets industry. The market capitalization for all United States stocks is 99.69% higher than that of the company.
Grayscale Litecoin Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grayscale Litecoin Trust's current stock value. Our valuation model uses many indicators to compare Grayscale Litecoin Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grayscale Litecoin Trust competition to find correlations between indicators driving Grayscale Litecoin Trust's intrinsic value. More Info.Grayscale Litecoin Trust is rated third overall in shares outstanding category among its peers. It also is rated third overall in market capitalization category among its peers creating about 3.68 of Market Capitalization per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value Grayscale Litecoin Trust by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Grayscale Litecoin Trust's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Grayscale Litecoin Trust Financial Statements
Grayscale Litecoin Trust investors utilize fundamental indicators, such as revenue or net income, to predict how Grayscale OTC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with Grayscale Litecoin Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grayscale Litecoin Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grayscale Litecoin Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with Grayscale OTC Stock
| 0.65 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.61 | SCHW | Charles Schwab Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.61 | IBKR | Interactive Brokers Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Grayscale OTC Stock
| 0.61 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.6 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.51 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.49 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.39 | PG | Procter Gamble | PairCorr |
The ability to find closely correlated positions to Grayscale Litecoin Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grayscale Litecoin Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grayscale Litecoin Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grayscale Litecoin Trust to buy it.
The correlation of Grayscale Litecoin Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grayscale Litecoin Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grayscale Litecoin Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Grayscale Litecoin Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Grayscale OTC Stock
Grayscale Litecoin Trust financial ratios help investors to determine whether Grayscale OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grayscale with respect to the benefits of owning Grayscale Litecoin Trust security.