Grayscale Digital Large Stock Market Value
| GDLC Stock | USD 35.19 1.33 3.93% |
| Symbol | Grayscale |
Grayscale Digital '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 Digital'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 Digital.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Grayscale Digital on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Grayscale Digital Large or generate 0.0% return on investment in Grayscale Digital over 90 days. Grayscale Digital is related to or competes with Grayscale Litecoin Trust, Grayscale Bitcoin, Bitwise 10, and Galaxy Digital. More
Grayscale Digital 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 Digital'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 Digital Large upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 17.79 | |||
| Value At Risk | (5.65) | |||
| Potential Upside | 5.25 |
Grayscale Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Digital's standard deviation. In reality, there are many statistical measures that can use Grayscale Digital historical prices to predict the future Grayscale Digital's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | 0.2404 | |||
| Treynor Ratio | (23.30) |
Grayscale Digital Large Backtested Returns
Grayscale Digital Large holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of standard deviation over the last 3 months. Grayscale Digital Large exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grayscale Digital's market risk adjusted performance of (23.29), and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0159, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grayscale Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grayscale Digital is expected to be smaller as well. At this point, Grayscale Digital Large has a negative expected return of -0.44%. Please make sure to check out Grayscale Digital's value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if Grayscale Digital Large performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Grayscale Digital Large has virtually no predictability. Overlapping area represents the amount of predictability between Grayscale Digital time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Digital Large price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Grayscale Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 12.06 |
Grayscale Digital Large lagged returns against current returns
Autocorrelation, which is Grayscale Digital 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 Digital's otc stock expected returns. We can calculate the autocorrelation of Grayscale Digital returns to help us make a trade decision. For example, suppose you find that Grayscale Digital 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 Digital 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 Digital otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale Digital 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 Digital otc stock over time.
Current vs Lagged Prices |
| Timeline |
Grayscale Digital Lagged Returns
When evaluating Grayscale Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Digital otc stock have on its future price. Grayscale Digital 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 Digital autocorrelation shows the relationship between Grayscale Digital otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Digital Large.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Grayscale OTC Stock
Grayscale Digital 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 Digital security.