Grayscale Decentralized Finance Stock Price on October 15, 2024
DEFG Stock | 38.50 2.40 6.65% |
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 Decentralized stands at 38.50, as last reported on the 1st of December, with the highest price reaching 38.50 and the lowest price hitting 38.50 during the day. Grayscale Decentralized is somewhat reliable given 3 months investment horizon. Grayscale Decentralized holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.61% are justified by taking the suggested risk. Use Grayscale Decentralized Finance risk adjusted performance of 0.114, and Market Risk Adjusted Performance of 0.4562 to evaluate company specific risk that cannot be diversified away.
Grayscale OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grayscale |
Sharpe Ratio = 0.1732
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Estimated Market Risk
9.29 actual daily | 82 82% of assets are less volatile |
Expected Return
1.61 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Grayscale Decentralized is performing at about 13% 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 Decentralized by adding it to a well-diversified portfolio.
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Report with the AI impact on market trends - The Global Food and Beverage Warehousing Market size is estimated to grow by USD 508.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 21.22 percent during the forecast period. Demand for warehouse automation is driving market growth, with a trend towards business strategies adopted by vendors. However, power consumption in cold storage poses a challenge - Key market players include Agility Public Warehousing Co.
Grayscale Decentralized Valuation on October 15, 2024
It is possible to determine the worth of Grayscale Decentralized on a given historical date. On October 15, 2024 Grayscale was worth 25.3 at the beginning of the trading date compared to the closed value of 25.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Decentralized otc stock. Still, in general, we apply an absolute valuation method to find Grayscale Decentralized'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 Decentralized where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Decentralized's related companies.
Open | High | Low | Close | Volume | |
26.00 | 26.00 | 26.00 | 26.00 | 1.00 | |
10/15/2024 | 25.30 | 25.30 | 25.30 | 25.30 | 458.00 |
25.75 | 26.50 | 25.75 | 26.50 | 1,674 |
Backtest Grayscale Decentralized | | | Grayscale Decentralized History | Previous | Next |
Grayscale Decentralized Trading Date Momentum on October 15, 2024
On October 16 2024 Grayscale Decentralized Finance was traded for 26.50 at the closing time. The top price for the day was 26.50 and the lowest listed price was 25.75 . The trading volume for the day was 1.7 K. The trading history from October 16, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 4.74% . The overall trading delta against the current closing price is 14.62% . |
About Grayscale Decentralized OTC Stock history
Grayscale Decentralized 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 Decentralized 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 Decentralized stock prices may prove useful in developing a viable investing in Grayscale Decentralized
Grayscale Decentralized OTC Stock Technical Analysis
Grayscale Decentralized 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.
Price Boundaries
Grayscale Decentralized Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Grayscale Decentralized Finance cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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 Decentralized December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Grayscale Decentralized 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 Decentralized shares will generate the highest return on investment. By undertsting and applying Grayscale Decentralized otc stock market strength indicators, traders can identify Grayscale Decentralized Finance entry and exit signals to maximize returns
Grayscale Decentralized Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Decentralized'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.
Risk Adjusted Performance | 0.114 | |||
Jensen Alpha | 0.9157 | |||
Total Risk Alpha | (0.29) | |||
Sortino Ratio | 0.1096 | |||
Treynor Ratio | 0.4462 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Grayscale OTC Stock analysis
When running Grayscale Decentralized's price analysis, check to measure Grayscale Decentralized'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 Decentralized is operating at the current time. Most of Grayscale Decentralized's value examination focuses on studying past and present price action to predict the probability of Grayscale Decentralized'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 Decentralized's price. Additionally, you may evaluate how the addition of Grayscale Decentralized to your portfolios can decrease your overall portfolio volatility.
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