Grayscale Bitcoin Trust Etf Price on November 19, 2024

GBTC Etf  USD 80.79  1.38  1.74%   
Below is the normalized historical share price chart for Grayscale Bitcoin Trust extending back to May 04, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grayscale Bitcoin stands at 80.79, as last reported on the 13th of December 2024, with the highest price reaching 80.79 and the lowest price hitting 79.41 during the day.
3 y Volatility
64.72
200 Day MA
56.9443
1 y Volatility
64.51
50 Day MA
62.509
Inception Date
2013-09-25
 
Yuan Drop
 
Covid
If you're considering investing in Grayscale Etf, it is important to understand the factors that can impact its price. Grayscale Bitcoin appears to be very steady, given 3 months investment horizon. Grayscale Bitcoin Trust holds Efficiency (Sharpe) Ratio of 0.28, which attests that the entity had a 0.28% return per unit of standard deviation over the last 3 months. By evaluating Grayscale Bitcoin's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please utilize Grayscale Bitcoin's risk adjusted performance of 0.2026, and Market Risk Adjusted Performance of 0.4822 to validate if our risk estimates are consistent with your expectations.
  
Grayscale Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2751

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Estimated Market Risk

 3.34
  actual daily
29
71% of assets are more volatile

Expected Return

 0.92
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.28
  actual daily
21
79% of assets perform better
Based on monthly moving average Grayscale Bitcoin is performing at about 21% 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.
Average Mkt Cap Mil
No Data

Grayscale Bitcoin Main Headline on 19th of November 2024

FWG Holdings LLC boosted its holdings in Grayscale Bitcoin Trust by 4.2 percent during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,177 shares of the companys stock after purchasing an additional 370 shares during the period. FWG Holdings

Grayscale Bitcoin Valuation on November 19, 2024

It is possible to determine the worth of Grayscale Bitcoin on a given historical date. On November 19, 2024 Grayscale was worth 72.82 at the beginning of the trading date compared to the closed value of 73.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Bitcoin etf. 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
  71.88    73.69    71.30    72.77    4,868,269  
11/19/2024
  72.82    74.87    72.49    73.58    4,291,461  
  75.05    75.55    74.07    74.99    4,943,810  
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Open Value
72.82
73.58
Closing Value
82.84
Upside

Grayscale Bitcoin Trading Date Momentum on November 19, 2024

On November 20 2024 Grayscale Bitcoin Trust was traded for  74.99  at the closing time. The top price for the day was 75.55  and the lowest listed price was  74.07 . The trading volume for the day was 4.9 M. The trading history from November 20, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.92% . The overall trading delta against the current closing price is 5.15% .

Grayscale Bitcoin Trust 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 Etf 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 Trust 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 Trust is an exchange traded fund launched and managed by Grayscale Investments, LLC. Grayscale Bitcoin Trust was formed on September 25, 2013 and is domiciled in United States. Bitcoin Invt is traded on OTC Exchange in the United States.

Grayscale Bitcoin Etf Technical Analysis

Grayscale Bitcoin technical etf 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, etf 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

Low
December 13, 2024
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Grayscale Bitcoin Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Grayscale Bitcoin etf 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 etf market strength indicators, traders can identify Grayscale Bitcoin Trust 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 Etf 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.
When determining whether Grayscale Bitcoin Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grayscale Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grayscale Bitcoin Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Grayscale Bitcoin Trust Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Bitcoin Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of Grayscale Bitcoin Trust is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Bitcoin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grayscale Bitcoin's market value can be influenced by many factors that don't directly affect Grayscale Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grayscale Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Bitcoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.