Grayscale Digital Large Stock Performance
| GDLC Stock | USD 42.30 1.31 3.20% |
Grayscale Digital holds a performance score of 24 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.46, 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 Digital will likely underperform. Use Grayscale Digital Large semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to analyze future returns on Grayscale Digital Large.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Grayscale Digital Large are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating essential indicators, Grayscale Digital exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.31 | Five Day Return 3.96 | Year To Date Return 129.64 | Ten Year Return 605 | All Time Return 605 |
Grayscale |
Grayscale Digital Relative Risk vs. Return Landscape
If you would invest 1,851 in Grayscale Digital Large on September 2, 2024 and sell it today you would earn a total of 2,379 from holding Grayscale Digital Large or generate 128.53% return on investment over 90 days. Grayscale Digital Large is currently generating 1.3904% in daily expected returns and assumes 4.3921% risk (volatility on return distribution) over the 90 days horizon. In different words, 39% of otc stocks are less volatile than Grayscale, and 73% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Grayscale Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Digital's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Grayscale Digital Large, and traders can use it to determine the average amount a Grayscale Digital'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 = 0.3166
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Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.39 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 24 76% of assets perform better |
Based on monthly moving average Grayscale Digital is performing at about 24% 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 Fundamentals Growth
Grayscale OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Grayscale Digital, and Grayscale Digital 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 | 418.74 M | |||
| Shares Outstanding | 15.87 M | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 1.17 X | |||
| Cash Flow From Operations | (11.21 M) | |||
| Total Asset | 173.85 M | |||
About Grayscale Digital Performance
By analyzing Grayscale Digital's fundamental ratios, stakeholders can gain valuable insights into Grayscale Digital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Grayscale Digital 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 Digital 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 Digital Large performance evaluation
Checking the ongoing alerts about Grayscale Digital for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Grayscale Digital Large help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grayscale Digital appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (194.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Grayscale Digital generates negative cash flow from operations |
- Analyzing Grayscale Digital'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 Digital's stock is overvalued or undervalued compared to its peers.
- Examining Grayscale Digital'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 Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grayscale Digital's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Grayscale Digital's otc stock. These opinions can provide insight into Grayscale Digital's potential for growth and whether the stock is currently undervalued or overvalued.
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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