Grayscale Bitcoin Cash Stock Market Value
| BCHG Stock | USD 4.50 0.04 0.90% |
| Symbol | Grayscale |
Grayscale Bitcoin 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Grayscale Bitcoin's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Grayscale Bitcoin.
| 11/27/2024 |
| 01/26/2025 |
If you would invest 0.00 in Grayscale Bitcoin on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Grayscale Bitcoin Cash or generate 0.0% return on investment in Grayscale Bitcoin over 60 days. Grayscale Bitcoin is related to or competes with Grayscale Litecoin Trust, Grayscale Digital, Bitwise 10, and Dmg Blockchain. More
Grayscale Bitcoin Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Grayscale Bitcoin's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Grayscale Bitcoin Cash upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 32.81 | |||
| Value At Risk | (10.72) | |||
| Potential Upside | 15.3 |
Grayscale Bitcoin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Bitcoin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Bitcoin's standard deviation. In reality, there are many statistical measures that can use Grayscale Bitcoin historical prices to predict the future Grayscale Bitcoin's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | 0.3761 |
Grayscale Bitcoin Cash Backtested Returns
Grayscale Bitcoin Cash holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14 % return per unit of standard deviation over the last 3 months. Grayscale Bitcoin Cash exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grayscale Bitcoin's risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 0.3861 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.74, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Grayscale Bitcoin are expected to decrease by larger amounts. On the other hand, during market turmoil, Grayscale Bitcoin is expected to outperform it. At this point, Grayscale Bitcoin Cash has a negative expected return of -0.99%. Please make sure to check out Grayscale Bitcoin's coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if Grayscale Bitcoin Cash performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Grayscale Bitcoin Cash has good predictability. Overlapping area represents the amount of predictability between Grayscale Bitcoin time series from 27th of November 2024 to 27th of December 2024 and 27th of December 2024 to 26th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grayscale Bitcoin Cash price movement. The serial correlation of 0.73 indicates that around 73.0% of current Grayscale Bitcoin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Grayscale Bitcoin Cash lagged returns against current returns
Autocorrelation, which is Grayscale Bitcoin otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Grayscale Bitcoin's otc stock expected returns. We can calculate the autocorrelation of Grayscale Bitcoin returns to help us make a trade decision. For example, suppose you find that Grayscale Bitcoin has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Grayscale Bitcoin regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Grayscale Bitcoin otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale Bitcoin otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grayscale Bitcoin otc stock over time.
Current vs Lagged Prices |
| Timeline |
Grayscale Bitcoin Lagged Returns
When evaluating Grayscale Bitcoin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Bitcoin otc stock have on its future price. Grayscale Bitcoin autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Grayscale Bitcoin autocorrelation shows the relationship between Grayscale Bitcoin otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Bitcoin Cash.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Grayscale OTC Stock
Grayscale Bitcoin financial ratios help investors to determine whether Grayscale OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grayscale with respect to the benefits of owning Grayscale Bitcoin security.