Grayscale Bitcoin Cash Stock Price on November 22, 2023

BCHG Stock  USD 6.23  0.30  5.06%   
If you're considering investing in Grayscale OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grayscale Bitcoin stands at 6.23, as last reported on the 29th of November, with the highest price reaching 6.29 and the lowest price hitting 6.02 during the day. Grayscale Bitcoin appears to be risky, given 3 months investment horizon. Grayscale Bitcoin Cash holds Efficiency (Sharpe) Ratio of 0.0573, which attests that the entity had a 0.0573% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Grayscale Bitcoin Cash, which you can use to evaluate the volatility of the firm. Please utilize Grayscale Bitcoin's risk adjusted performance of 0.0221, and Market Risk Adjusted Performance of 0.0388 to validate if our risk estimates are consistent with your expectations.
  
Grayscale OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0573

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Estimated Market Risk

 7.91
  actual daily
70
70% of assets are less volatile

Expected Return

 0.45
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Grayscale Bitcoin is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Grayscale Bitcoin by adding it to a well-diversified portfolio.

Grayscale Bitcoin Valuation on November 22, 2023

It is possible to determine the worth of Grayscale Bitcoin on a given historical date. On November 22, 2023 Grayscale was worth 2.18 at the beginning of the trading date compared to the closed value of 2.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Bitcoin otc stock. Still, in general, we apply an absolute valuation method to find Grayscale Bitcoin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Grayscale Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Bitcoin's related companies.
 Open High Low Close Volume
  2.15    2.21    2.09    2.17    183,400  
11/22/2023
  2.18    2.19    2.06    2.19    122,000  
  2.17    2.25    2.17    2.23    146,700  
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Open Value
2.18
2.19
Closing Value
25.91
Upside

Grayscale Bitcoin Trading Date Momentum on November 22, 2023

On November 24 2023 Grayscale Bitcoin Cash was traded for  2.23  at the closing time. The top price for the day was 2.25  and the lowest listed price was  2.17 . The trading volume for the day was 146.7 K. The trading history from November 24, 2023 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 1.83% . The overall trading delta against the current closing price is 23.29% .

Grayscale Bitcoin Cash Fundamentals Correlations and Trends

By evaluating Grayscale Bitcoin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grayscale Bitcoin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grayscale financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Grayscale Bitcoin OTC Stock history

Grayscale Bitcoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Bitcoin Cash will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grayscale Bitcoin stock prices may prove useful in developing a viable investing in Grayscale Bitcoin

Grayscale Bitcoin OTC Stock Technical Analysis

Grayscale Bitcoin technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Grayscale Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grayscale Bitcoin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Grayscale Bitcoin Period Price Range

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Grayscale Bitcoin Cash cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Grayscale Bitcoin November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Grayscale Bitcoin 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 Bitcoin shares will generate the highest return on investment. By undertsting and applying Grayscale Bitcoin otc stock market strength indicators, traders can identify Grayscale Bitcoin Cash entry and exit signals to maximize returns

Grayscale Bitcoin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grayscale Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Grayscale OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Grayscale OTC Stock analysis

When running Grayscale Bitcoin's price analysis, check to measure Grayscale Bitcoin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grayscale Bitcoin is operating at the current time. Most of Grayscale Bitcoin's value examination focuses on studying past and present price action to predict the probability of Grayscale Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grayscale Bitcoin's price. Additionally, you may evaluate how the addition of Grayscale Bitcoin to your portfolios can decrease your overall portfolio volatility.
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