Grayscale Ethereum Classic Stock Price on November 1, 2024
| ETCG Stock | USD 14.75 0.61 4.31% |
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 Ethereum stands at 14.75, as last reported on the 1st of December, with the highest price reaching 14.99 and the lowest price hitting 14.35 during the day. Grayscale Ethereum appears to be somewhat reliable, given 3 months investment horizon. Grayscale Ethereum holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of standard deviation over the last 3 months. By evaluating Grayscale Ethereum's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Grayscale Ethereum's risk adjusted performance of 0.151, and Market Risk Adjusted Performance of 0.3589 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.
Grayscale |
Sharpe Ratio = 0.2148
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Grayscale Ethereum is performing at about 16% 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 Ethereum by adding it to a well-diversified portfolio.
Grayscale Ethereum Valuation on November 1, 2024
It is possible to determine the worth of Grayscale Ethereum on a given historical date. On November 1, 2024 Grayscale was worth 8.68 at the beginning of the trading date compared to the closed value of 8.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Ethereum otc stock. Still, in general, we apply an absolute valuation method to find Grayscale Ethereum'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 Ethereum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Ethereum's related companies.
| Open | High | Low | Close | Volume | |
| 9.15 | 9.20 | 8.52 | 8.52 | 45,424 | |
11/01/2024 | 8.68 | 8.86 | 8.52 | 8.52 | 33,900 |
| 8.59 | 8.59 | 8.06 | 8.27 | 61,700 |
| Backtest Grayscale Ethereum | | | Grayscale Ethereum History | | | Grayscale Ethereum Valuation | Previous | Next |
Grayscale Ethereum Trading Date Momentum on November 1, 2024
| On November 04 2024 Grayscale Ethereum Classic was traded for 8.27 at the closing time. The top price for the day was 8.59 and the lowest listed price was 8.06 . The trading volume for the day was 61.7 K. The trading history from November 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.93% . The overall trading delta against the current closing price is 29.11% . |
About Grayscale Ethereum OTC Stock history
Grayscale Ethereum 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 Ethereum 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 Ethereum stock prices may prove useful in developing a viable investing in Grayscale Ethereum
The shares are the first publicly quoted securities solely invested in and deriving value from the price of ETC. The fund enables investors to gain exposure to the price movement of ETC through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping ETC. Ethereum Classic is traded on OTC Exchange in the United States.
Grayscale Ethereum OTC Stock Technical Analysis
Grayscale Ethereum 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 Ethereum Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Grayscale Ethereum Classic 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 Ethereum December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Grayscale Ethereum 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 Ethereum shares will generate the highest return on investment. By undertsting and applying Grayscale Ethereum otc stock market strength indicators, traders can identify Grayscale Ethereum Classic entry and exit signals to maximize returns
Grayscale Ethereum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Ethereum'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 | 0.151 | |||
| Jensen Alpha | 0.4994 | |||
| Total Risk Alpha | 0.0747 | |||
| Sortino Ratio | 0.1827 | |||
| Treynor Ratio | 0.3489 |
| Cycle Indicators | ||
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| 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 Ethereum's price analysis, check to measure Grayscale Ethereum'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 Ethereum is operating at the current time. Most of Grayscale Ethereum's value examination focuses on studying past and present price action to predict the probability of Grayscale Ethereum'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 Ethereum's price. Additionally, you may evaluate how the addition of Grayscale Ethereum to your portfolios can decrease your overall portfolio volatility.
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