Grayscale Litecoin Trust Stock Price on August 25, 2023
| LTCN Stock | USD 19.26 0.89 4.42% |
If you're considering investing in Grayscale OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grayscale Litecoin stands at 19.26, as last reported on the 14th of December 2024, with the highest price reaching 20.70 and the lowest price hitting 19.25 during the day. Grayscale Litecoin is slightly risky given 3 months investment horizon. Grayscale Litecoin Trust holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of standard deviation over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Grayscale Litecoin Trust market risk adjusted performance of (0.52), and Risk Adjusted Performance of 0.1113 to evaluate company specific risk that cannot be diversified away.
Grayscale OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grayscale |
Sharpe Ratio = 0.1302
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Estimated Market Risk
| 8.0 actual daily | 71 71% of assets are less volatile |
Expected Return
| 1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Grayscale Litecoin is performing at about 10% 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 Litecoin by adding it to a well-diversified portfolio.
Grayscale Litecoin Valuation on August 25, 2023
It is possible to determine the worth of Grayscale Litecoin on a given historical date. On August 25, 2023 Grayscale was worth 3.82 at the beginning of the trading date compared to the closed value of 3.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Litecoin otc stock. Still, in general, we apply an absolute valuation method to find Grayscale Litecoin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Grayscale Litecoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Litecoin's related companies.
| Open | High | Low | Close | Volume | |
| 3.90 | 4.00 | 3.75 | 3.82 | 54,600 | |
08/25/2023 | 3.82 | 4.01 | 3.78 | 3.85 | 83,800 |
| 3.81 | 4.34 | 3.81 | 4.34 | 119,100 |
| Backtest Grayscale Litecoin | | | Grayscale Litecoin History | | | Grayscale Litecoin Valuation | Previous | Next |
Grayscale Litecoin Trading Date Momentum on August 25, 2023
| On August 28 2023 Grayscale Litecoin Trust was traded for 4.34 at the closing time. The top price for the day was 4.34 and the lowest listed price was 3.81 . The trading volume for the day was 119.1 K. The trading history from August 28, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 12.73% . The overall trading delta against the current closing price is 3.90% . |
About Grayscale Litecoin OTC Stock history
Grayscale Litecoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Litecoin Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grayscale Litecoin stock prices may prove useful in developing a viable investing in Grayscale Litecoin
Grayscale Litecoin OTC Stock Technical Analysis
Grayscale Litecoin technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Grayscale Litecoin Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Grayscale Litecoin Trust cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Grayscale Litecoin December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Grayscale Litecoin otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grayscale Litecoin shares will generate the highest return on investment. By undertsting and applying Grayscale Litecoin otc stock market strength indicators, traders can identify Grayscale Litecoin Trust entry and exit signals to maximize returns
Grayscale Litecoin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Litecoin's price direction in advance. Along with the technical and fundamental analysis of Grayscale OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 0.1279 | |||
| Sortino Ratio | 0.1623 | |||
| Treynor Ratio | (0.53) |
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Other Information on Investing in Grayscale OTC Stock
Grayscale Litecoin 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 Litecoin security.