Grayscale Digital Large Stock Price on May 15, 2024
| GDLC Stock | USD 40.65 0.98 2.47% |
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 Digital stands at 40.65, as last reported on the 24th of November, with the highest price reaching 40.90 and the lowest price hitting 39.55 during the day. Grayscale Digital is very steady given 3 months investment horizon. Grayscale Digital Large holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Grayscale Digital Large market risk adjusted performance of 0.4367, and Risk Adjusted Performance of 0.2206 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 = 0.2629
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Estimated Market Risk
| 4.35 actual daily | 38 62% of assets are more volatile |
Expected Return
| 1.14 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Grayscale Digital is performing at about 20% 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 Digital by adding it to a well-diversified portfolio.
Grayscale Digital Valuation on May 15, 2024
It is possible to determine the worth of Grayscale Digital on a given historical date. On May 15, 2024 Grayscale was worth 19.1 at the beginning of the trading date compared to the closed value of 19.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Digital otc stock. Still, in general, we apply an absolute valuation method to find Grayscale Digital'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 Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Digital's related companies.
| Open | High | Low | Close | Volume | |
| 18.89 | 18.89 | 18.52 | 18.72 | 32,100 | |
05/15/2024 | 19.10 | 19.94 | 18.96 | 19.90 | 66,400 |
| 19.91 | 20.02 | 19.54 | 19.81 | 65,000 |
| Backtest Grayscale Digital | | | Grayscale Digital History | | | Grayscale Digital Valuation | Previous | Next |
Grayscale Digital Trading Date Momentum on May 15, 2024
| On May 16 2024 Grayscale Digital Large was traded for 19.81 at the closing time. The top price for the day was 20.02 and the lowest listed price was 19.54 . The trading volume for the day was 65 K. The trading history from May 16, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.45% . The overall trading delta against the current closing price is 31.16% . |
Grayscale Digital Large Fundamentals Correlations and Trends
By evaluating Grayscale Digital'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 Digital'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 Digital OTC Stock history
Grayscale Digital 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 Digital Large 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 Digital stock prices may prove useful in developing a viable investing in Grayscale Digital
Grayscale Digital OTC Stock Technical Analysis
Grayscale Digital 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 Digital Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Grayscale Digital Large 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 Digital November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Grayscale Digital 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 Digital shares will generate the highest return on investment. By undertsting and applying Grayscale Digital otc stock market strength indicators, traders can identify Grayscale Digital Large entry and exit signals to maximize returns
Grayscale Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Digital'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 | 0.2206 | |||
| Jensen Alpha | 0.8543 | |||
| Total Risk Alpha | 0.508 | |||
| Sortino Ratio | 0.3868 | |||
| Treynor Ratio | 0.4267 |
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Complementary Tools for Grayscale OTC Stock analysis
When running Grayscale Digital's price analysis, check to measure Grayscale Digital'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 Digital is operating at the current time. Most of Grayscale Digital's value examination focuses on studying past and present price action to predict the probability of Grayscale Digital'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 Digital's price. Additionally, you may evaluate how the addition of Grayscale Digital to your portfolios can decrease your overall portfolio volatility.
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