Grayscale Ethereum Mini Etf Buy Hold or Sell Recommendation
| ETH Etf | USD 33.84 0.44 1.28% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Grayscale Ethereum Mini is 'Cautious Hold'. The recommendation algorithm takes into account all of Grayscale Ethereum's available fundamental, technical, and predictive indicators you will find on this site.
Check out Grayscale Ethereum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Grayscale and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Grayscale Ethereum Mini. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Grayscale |
Execute Grayscale Ethereum Buy or Sell Advice
The Grayscale recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Grayscale Ethereum Mini. Macroaxis does not own or have any residual interests in Grayscale Ethereum Mini or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Grayscale Ethereum's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Grayscale Ethereum Trading Alerts and Improvement Suggestions
| Grayscale Ethereum appears to be risky and price may revert if volatility continues | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from cryptoglobe.com: Ethereum Futures Open Interest Soars to Record 23 Billion as Analyst Predicts Heavy Fireworks |
Grayscale Ethereum Returns Distribution Density
The distribution of Grayscale Ethereum's historical returns is an attempt to chart the uncertainty of Grayscale Ethereum's future price movements. The chart of the probability distribution of Grayscale Ethereum daily returns describes the distribution of returns around its average expected value. We use Grayscale Ethereum Mini price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Grayscale Ethereum returns is essential to provide solid investment advice for Grayscale Ethereum.
| Mean Return | 0.64 | Value At Risk | -5.38 | Potential Upside | 9.37 | Standard Deviation | 4.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Grayscale Ethereum historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Grayscale Ethereum Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Grayscale Ethereum or Consumer Cyclical sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Grayscale Ethereum's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Grayscale etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 3.00 | |
σ | Overall volatility | 4.36 | |
Ir | Information ratio | 0.12 |
Grayscale Ethereum Volatility Alert
Grayscale Ethereum Mini shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Grayscale Ethereum's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Grayscale Ethereum's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Grayscale Ethereum Fundamentals Vs Peers
Comparing Grayscale Ethereum's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Grayscale Ethereum's direct or indirect competition across all of the common fundamentals between Grayscale Ethereum and the related equities. This way, we can detect undervalued stocks with similar characteristics as Grayscale Ethereum or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Grayscale Ethereum's fundamental indicators could also be used in its relative valuation, which is a method of valuing Grayscale Ethereum by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Grayscale Ethereum to competition |
| Fundamentals | Grayscale Ethereum | Peer Average |
| Price To Earning | 22.67 X | 3.15 X |
| Price To Book | 1.87 X | 0.39 X |
| Price To Sales | 1.11 X | 0.33 X |
| Beta | 1.16 | |
| Five Year Return | 3.58 % | 1.12 % |
| Last Dividend Paid | 1.0 | 0.14 |
Grayscale Ethereum Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Grayscale . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 15419.01 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 34.13 | |||
| Day Typical Price | 34.03 | |||
| Price Action Indicator | (0.51) | |||
| Period Momentum Indicator | (0.44) | |||
| Relative Strength Index | 70.3 |
About Grayscale Ethereum Buy or Sell Advice
When is the right time to buy or sell Grayscale Ethereum Mini? Buying financial instruments such as Grayscale Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Grayscale Ethereum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Grayscale Ethereum Mini is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Ethereum's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Ethereum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grayscale Ethereum's market value can be influenced by many factors that don't directly affect Grayscale Ethereum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grayscale Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Ethereum'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.