Grayscale Bitcoin Cash Stock Performance
| BCHG Stock | USD 6.79 0.88 11.47% |
On a scale of 0 to 100, Grayscale Bitcoin holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 4.77, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Grayscale Bitcoin will likely underperform. Please check Grayscale Bitcoin's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Grayscale Bitcoin's current trending patterns will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Grayscale Bitcoin Cash are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating technical indicators, Grayscale Bitcoin reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (2.65) | Five Day Return (19.02) | Year To Date Return 43.79 | Ten Year Return (51.65) | All Time Return (51.65) |
Grayscale |
Grayscale Bitcoin Relative Risk vs. Return Landscape
If you would invest 622.00 in Grayscale Bitcoin Cash on August 28, 2024 and sell it today you would earn a total of 57.00 from holding Grayscale Bitcoin Cash or generate 9.16% return on investment over 90 days. Grayscale Bitcoin Cash is currently generating 0.4333% in daily expected returns and assumes 7.8614% risk (volatility on return distribution) over the 90 days horizon. In different words, 70% of otc stocks are less volatile than Grayscale, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Grayscale Bitcoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Bitcoin's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Grayscale Bitcoin Cash, and traders can use it to determine the average amount a Grayscale Bitcoin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0551
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BCHG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.86 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Grayscale Bitcoin is performing at about 4% 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.
Grayscale Bitcoin Fundamentals Growth
Grayscale OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Grayscale Bitcoin, and Grayscale Bitcoin fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Grayscale OTC Stock performance.
| Current Valuation | 197.64 M | |||
| Shares Outstanding | 31.78 M | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 3.24 X | |||
| EBITDA | (3.57 M) | |||
| Total Asset | 5.69 M | |||
About Grayscale Bitcoin Performance
By analyzing Grayscale Bitcoin's fundamental ratios, stakeholders can gain valuable insights into Grayscale Bitcoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Grayscale Bitcoin has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Grayscale Bitcoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Grayscale Bitcoin Cash performance evaluation
Checking the ongoing alerts about Grayscale Bitcoin for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Grayscale Bitcoin Cash help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grayscale Bitcoin had very high historical volatility over the last 90 days | |
| Grayscale Bitcoin has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.53 M) with profit before overhead, payroll, taxes, and interest of 0. |
- Analyzing Grayscale Bitcoin's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Grayscale Bitcoin's stock is overvalued or undervalued compared to its peers.
- Examining Grayscale Bitcoin's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Grayscale Bitcoin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grayscale Bitcoin's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Grayscale Bitcoin's otc stock. These opinions can provide insight into Grayscale Bitcoin's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Grayscale OTC Stock analysis
When running Grayscale Bitcoin's price analysis, check to measure Grayscale Bitcoin'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 Bitcoin is operating at the current time. Most of Grayscale Bitcoin's value examination focuses on studying past and present price action to predict the probability of Grayscale Bitcoin'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 Bitcoin's price. Additionally, you may evaluate how the addition of Grayscale Bitcoin to your portfolios can decrease your overall portfolio volatility.
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