Grayscale Litecoin Trust OTC Stock Forecast - Price Action Indicator
| LTCN Stock | USD 16.47 0.37 2.30% |
Grayscale OTC Stock Forecast is based on your current time horizon.
Grayscale |
| Check Grayscale Litecoin Trust Volatility | Backtest Grayscale Litecoin Trust | Information Ratio |
Grayscale Litecoin Trust Trading Date Momentum
| On November 25 2024 Grayscale Litecoin Trust was traded for 16.47 at the closing time. The top price for the day was 16.99 and the lowest listed price was 14.70 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The overall trading delta against the current closing price is 4.13% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Grayscale Litecoin Trust to competition |
Other Forecasting Options for Grayscale Litecoin Trust
For every potential investor in Grayscale, whether a beginner or expert, Grayscale Litecoin Trust's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Grayscale OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Grayscale. Basic forecasting techniques help filter out the noise by identifying Grayscale Litecoin Trust's price trends.Grayscale Litecoin Trust Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Grayscale Litecoin Trust otc stock to make a market-neutral strategy. Peer analysis of Grayscale Litecoin Trust could also be used in its relative valuation, which is a method of valuing Grayscale Litecoin Trust by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Grayscale Litecoin Trust Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Grayscale Litecoin Trust's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Grayscale Litecoin Trust's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Grayscale Litecoin Trust Market Strength Events
Market strength indicators help investors to evaluate how Grayscale Litecoin Trust otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grayscale Litecoin Trust shares will generate the highest return on investment. By undertsting and applying Grayscale Litecoin Trust otc stock market strength indicators, traders can identify Grayscale Litecoin Trust entry and exit signals to maximize returns.
Grayscale Litecoin Trust Risk Indicators
The analysis of Grayscale Litecoin Trust's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Grayscale Litecoin Trust's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grayscale otc stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 5.76 | |||
| Semi Deviation | 5.31 | |||
| Standard Deviation | 7.18 | |||
| Variance | 51.53 | |||
| Downside Variance | 33.43 | |||
| Semi Variance | 28.17 | |||
| Expected Short fall | (7.19) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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
| 0.68 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.66 | SCHW | Charles Schwab Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.67 | IBKR | Interactive Brokers Sell-off Trend | PairCorr |
Moving against Grayscale OTC Stock
| 0.62 | AMIX | Autonomix Medical, Common | PairCorr |
| 0.61 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.56 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.54 | BKRKY | Bank Rakyat | PairCorr |
| 0.53 | PPERY | Bank Mandiri Persero | 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.