Grayscale Decentralized Finance Stock Market Value
| DEFG Stock | 38.50 2.40 6.65% |
| Symbol | Grayscale |
Please note, there is a significant difference between Grayscale Decentralized's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Decentralized is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Decentralized'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.
Grayscale Decentralized '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 Decentralized'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 Decentralized.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Grayscale Decentralized on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Grayscale Decentralized Finance or generate 0.0% return on investment in Grayscale Decentralized over 360 days. Grayscale Decentralized is related to or competes with Legacy Education, Apple, NVIDIA, Microsoft, Amazon, Bristol-Myers Squibb, and Alphabet. More
Grayscale Decentralized 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 Decentralized'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 Decentralized Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.54 | |||
| Information Ratio | 0.1225 | |||
| Maximum Drawdown | 54.81 | |||
| Value At Risk | (14.87) | |||
| Potential Upside | 16.45 |
Grayscale Decentralized Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Decentralized's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Decentralized's standard deviation. In reality, there are many statistical measures that can use Grayscale Decentralized historical prices to predict the future Grayscale Decentralized's volatility.| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.9157 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.1096 | |||
| Treynor Ratio | 0.4462 |
Grayscale Decentralized Backtested Returns
Grayscale Decentralized is somewhat reliable given 3 months investment horizon. Grayscale Decentralized holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.61% are justified by taking the suggested risk. Use Grayscale Decentralized Finance market risk adjusted performance of 0.4562, and Risk Adjusted Performance of 0.114 to evaluate company specific risk that cannot be diversified away. Grayscale Decentralized holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.87, 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 Decentralized will likely underperform. Use Grayscale Decentralized Finance sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to analyze future returns on Grayscale Decentralized Finance.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Grayscale Decentralized Finance has insignificant reverse predictability. Overlapping area represents the amount of predictability between Grayscale Decentralized time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. 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 Decentralized price movement. The serial correlation of -0.2 indicates that over 20.0% of current Grayscale Decentralized price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 23.6 |
Grayscale Decentralized lagged returns against current returns
Autocorrelation, which is Grayscale Decentralized 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 Decentralized's otc stock expected returns. We can calculate the autocorrelation of Grayscale Decentralized returns to help us make a trade decision. For example, suppose you find that Grayscale Decentralized 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 Decentralized 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 Decentralized otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale Decentralized 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 Decentralized otc stock over time.
Current vs Lagged Prices |
| Timeline |
Grayscale Decentralized Lagged Returns
When evaluating Grayscale Decentralized's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Decentralized otc stock have on its future price. Grayscale Decentralized 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 Decentralized autocorrelation shows the relationship between Grayscale Decentralized otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Decentralized Finance.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Grayscale OTC Stock
Grayscale Decentralized 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 Decentralized security.