Grayscale Decentralized Finance Stock Performance
| DEFG Stock | 33.90 4.90 16.90% |
Grayscale Decentralized holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 95.0, 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 downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to analyze future returns on Grayscale Decentralized Finance.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Grayscale Decentralized Finance are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Grayscale Decentralized reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Grayscale |
Grayscale Decentralized Relative Risk vs. Return Landscape
If you would invest 2,210 in Grayscale Decentralized Finance on November 3, 2024 and sell it today you would earn a total of 1,180 from holding Grayscale Decentralized Finance or generate 53.39% return on investment over 90 days. Grayscale Decentralized Finance is currently generating 15.9516% in daily expected returns and assumes 129.2287% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Grayscale, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Grayscale Decentralized Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Decentralized's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Grayscale Decentralized Finance, and traders can use it to determine the average amount a Grayscale Decentralized'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 = 0.1234
| Best Portfolio | Best Equity | DEFG | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 129.23 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Grayscale Decentralized is performing at about 9% 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 Decentralized by adding it to a well-diversified portfolio.
About Grayscale Decentralized Performance
By analyzing Grayscale Decentralized's fundamental ratios, stakeholders can gain valuable insights into Grayscale Decentralized's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Grayscale Decentralized 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 Decentralized 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 Decentralized performance evaluation
Checking the ongoing alerts about Grayscale Decentralized for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Grayscale Decentralized help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grayscale Decentralized is way too risky over 90 days horizon | |
| Grayscale Decentralized appears to be risky and price may revert if volatility continues |
- Analyzing Grayscale Decentralized'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 Decentralized's stock is overvalued or undervalued compared to its peers.
- Examining Grayscale Decentralized'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 Decentralized's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grayscale Decentralized's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Grayscale Decentralized's otc stock. These opinions can provide insight into Grayscale Decentralized's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Grayscale OTC Stock analysis
When running Grayscale Decentralized's price analysis, check to measure Grayscale Decentralized'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 Decentralized is operating at the current time. Most of Grayscale Decentralized's value examination focuses on studying past and present price action to predict the probability of Grayscale Decentralized'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 Decentralized's price. Additionally, you may evaluate how the addition of Grayscale Decentralized to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |