Grayscale Decentralized Finance Stock Price on October 21, 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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | DEFG | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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.
Related Headline
Apple Headline on 21st of October 2024
In the closing of the recent trading day, Apple stood at 236.48, denoting a 0.63 percent change from the preceding trading day.
Grayscale Decentralized Valuation on October 21, 2024
It is possible to determine the worth of Grayscale Decentralized on a given historical date. On October 21, 2024 Grayscale was worth 26.5 at the beginning of the trading date compared to the closed value of 22.56. 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 | |
| 26.50 | 26.50 | 26.50 | 26.50 | 1.00 | |
10/21/2024 | 26.50 | 26.50 | 22.56 | 22.56 | 546.00 |
| 22.56 | 22.56 | 22.56 | 22.56 | 21.00 |
| Backtest Grayscale Decentralized | | | Grayscale Decentralized History | Previous | Next |
Grayscale Decentralized Trading Date Momentum on October 21, 2024
| On October 22 2024 Grayscale Decentralized Finance was traded for 22.56 at the closing time. The top price for the day was 22.56 and the lowest listed price was 22.56 . The trading volume for the day was 21.0. The trading history from October 22, 2024 did not cause price change. The overall trading delta against the current closing price is 4.17% . |
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 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |